$IOST has collapsed by 44% and liquidity is evaporating.. Has the search for the bottom started? 🔴
The price collapsed from 0.0019 to 0.00105 within hours with trading volume that is almost nonexistent (0.01%), clear proof of buyers giving up and the absence of any buying interest. The easiest path now is downward toward 0.00085.
The strongest scenario (down 🔴): liquidity dryness means there are no obstacles to the fall, and any weak bounce gives an opportunity to increase short positions with a tight stop loss above 0.00115.
The fallback scenario (up 🟢): only if we see huge trading volume exceeding the average by 5x, along with reclaiming 0.0012—then we can talk about a temporary technical rebound.
The opportunity is clear here: the risk is defined by two cents on the meme tops above the last peak, while the target is wide open toward 2023 levels. Don’t try to catch the falling knife—ride the wave with the trend.
Do you see a bottom here, or is the bleeding continuing toward new zeros? Drop your level in the comments 👇
$IOST
This content is not investment advice—do your own research (DYOR)
The price collapsed from 0.0019 to 0.00105 within hours with trading volume that is almost nonexistent (0.01%), clear proof of buyers giving up and the absence of any buying interest. The easiest path now is downward toward 0.00085.
The strongest scenario (down 🔴): liquidity dryness means there are no obstacles to the fall, and any weak bounce gives an opportunity to increase short positions with a tight stop loss above 0.00115.
The fallback scenario (up 🟢): only if we see huge trading volume exceeding the average by 5x, along with reclaiming 0.0012—then we can talk about a temporary technical rebound.
The opportunity is clear here: the risk is defined by two cents on the meme tops above the last peak, while the target is wide open toward 2023 levels. Don’t try to catch the falling knife—ride the wave with the trend.
Do you see a bottom here, or is the bleeding continuing toward new zeros? Drop your level in the comments 👇
$IOST
This content is not investment advice—do your own research (DYOR)
