$IOST is up 4.2 percent today and I am passing on it completely
Trading at 0.000770 right now after touching a high of 0.000910 earlier
Volume is dead sitting at just 0.4x the weekly average meaning nobody real is backing this push
The 7 day high sits way up at 0.001908 so we are down 59.6 percent from that level
I need to see an hourly close and hold above 0.000910 before I look twice
Or a clean pullback that holds 0.000737 and actually bounces with volume
It could keep running without me and a bad entry costs more than a missed move
Chasing $IOST here or waiting for 0.000737
#IOST #RiskManagement
Trading at 0.000770 right now after touching a high of 0.000910 earlier
Volume is dead sitting at just 0.4x the weekly average meaning nobody real is backing this push
The 7 day high sits way up at 0.001908 so we are down 59.6 percent from that level
I need to see an hourly close and hold above 0.000910 before I look twice
Or a clean pullback that holds 0.000737 and actually bounces with volume
It could keep running without me and a bad entry costs more than a missed move
Chasing $IOST here or waiting for 0.000737
#IOST #RiskManagement