$IOST is giving a cleaner structural signal than it was a few candles ago.
What stands out here is that the 1H move is +4.18%, open interest is up 4.1%, and volume is running about 1.8x its recent pace. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.0008017. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
How would you manage this $IOST setup from here?
#IOST #Trading
Trade plan: LONG
Entry: $0.0008175
SL: $0.0007067
TP1: $0.0009283
TP2: $0.001039
TP3: $0.0011498
What stands out here is that the 1H move is +4.18%, open interest is up 4.1%, and volume is running about 1.8x its recent pace. That gives the move real context instead of treating every candle as a signal.
The next test is around $0.0008017. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
How would you manage this $IOST setup from here?
#IOST #Trading
Trade plan: LONG
Entry: $0.0008175
SL: $0.0007067
TP1: $0.0009283
TP2: $0.001039
TP3: $0.0011498
