#IOST IOSTUSDT – Hourly Chart Analysis & Trade Plan
📊 Market Conditions & Indicators:
✅ RSI: 63.00 (Bullish but nearing overbought zone)
✅ MACD: Bullish crossover (Momentum is rising)
✅ Stoch RSI: 100.00 (Overbought!)
✅ Moving Averages:
50 MA: 0.005152 (Acting as support)
200 MA: 0.005062 (Major support level)
✅ Order Book: Sell pressure is higher (64.20% vs. 35.80% buy orders)
📈 Long (Buy) Entry Setup:
🔹 Entry Zone: 0.00515 - 0.00520 (Wait for a retracement)
🎯 Target (TP):
TP1: 0.00530
TP2: 0.00540
⛔ Stop Loss (SL): 0.00510
Confirmation Before Buying:
RSI must stay above 50 after a slight retracement.
MACD should continue showing green bars.
📉 Short (Sell) Entry Setup:
🔹 Entry Zone: 0.00530 - 0.00535 (Resistance area)
🎯 Target (TP):
TP1: 0.00520
TP2: 0.00510
⛔ Stop Loss (SL): 0.00540
Confirmation Before Shorting:
RSI must start falling below 60.
Stoch RSI must cross downward from overbought levels.