$IOST
+43% RSI 95! Don't Become Exit Liquidity for Whales!"
Setup A - NO BUY / WAIT & SEE (Safest Setup):
- Bias: Neutral - Avoid Longs
- Reason: Price is above the 4H and 1H upper bands + RSI 95,89. This is where whales sell, not where retail traders buy. If you buy at 0,00107, you're buying on a whale's back.
- Action: Wait for a pullback to the 4H MB at 0,0007965 or the 1H MB at 0,0008461 before taking another look.
Setup B - SELL / SHORT SCALP (Only for Pro Traders & Small Positions):
- Bias: Bearish Reversal / Mean Reversion - HIGH RISK
- Short Entry: 0,00110 - 0,0011312 (24-hour high area)
- TIGHT Stop Loss: 0,00115 (above 0,0011312) - because if it breaks through, it could go to 0,00222 again
- TP 1: 0,0010162 (4H upper band)
- TP 2: 0,0008461 (1H MB)
- TP 3: 0,0007965 (4H MB) -> Main bounce target
- Reason: Bollinger statistics + RSI 95,8 should revert to the middle. Good RR, but it takes nerve.
- *Strong Warning:* Don't hold a Short for long; this coin is being pumped.
Setup C - BUY IF YOU INSIST ON BUYING:
- If you still want to go Long, don't market buy.
- Buy Limit Entry: 0,00080 - 0,0007965 (4H MB)
- SL: 0,00070
- Even then, wait for the 4H RSI to drop below 60.
IOST is up +43% today! Looks tempting? Take a closer look first: on the 4H timeframe, price is already ABOVE the Upper Bollinger Band at 0,0010162, with RSI at 95,89! The 1H timeframe is also above the upper band. This isn't bullish anymore; this is the FOMO phase.
I will NOT go Long at 0,00107. My plan: 1) Skip it, or 2) Take a small Short scalp at 0,00111 with a tight SL at 0,00115, targeting a return to 0,00084.
For spot, wait around 0,00079-0,00084. Don't become exit liquidity.
Not financial advice; this is educational! DYOR
#IOST #IOSTUSDT #AltcoinPumping
+43% RSI 95! Don't Become Exit Liquidity for Whales!"
Setup A - NO BUY / WAIT & SEE (Safest Setup):
- Bias: Neutral - Avoid Longs
- Reason: Price is above the 4H and 1H upper bands + RSI 95,89. This is where whales sell, not where retail traders buy. If you buy at 0,00107, you're buying on a whale's back.
- Action: Wait for a pullback to the 4H MB at 0,0007965 or the 1H MB at 0,0008461 before taking another look.
Setup B - SELL / SHORT SCALP (Only for Pro Traders & Small Positions):
- Bias: Bearish Reversal / Mean Reversion - HIGH RISK
- Short Entry: 0,00110 - 0,0011312 (24-hour high area)
- TIGHT Stop Loss: 0,00115 (above 0,0011312) - because if it breaks through, it could go to 0,00222 again
- TP 1: 0,0010162 (4H upper band)
- TP 2: 0,0008461 (1H MB)
- TP 3: 0,0007965 (4H MB) -> Main bounce target
- Reason: Bollinger statistics + RSI 95,8 should revert to the middle. Good RR, but it takes nerve.
- *Strong Warning:* Don't hold a Short for long; this coin is being pumped.
Setup C - BUY IF YOU INSIST ON BUYING:
- If you still want to go Long, don't market buy.
- Buy Limit Entry: 0,00080 - 0,0007965 (4H MB)
- SL: 0,00070
- Even then, wait for the 4H RSI to drop below 60.
IOST is up +43% today! Looks tempting? Take a closer look first: on the 4H timeframe, price is already ABOVE the Upper Bollinger Band at 0,0010162, with RSI at 95,89! The 1H timeframe is also above the upper band. This isn't bullish anymore; this is the FOMO phase.
I will NOT go Long at 0,00107. My plan: 1) Skip it, or 2) Take a small Short scalp at 0,00111 with a tight SL at 0,00115, targeting a return to 0,00084.
For spot, wait around 0,00079-0,00084. Don't become exit liquidity.
Not financial advice; this is educational! DYOR
#IOST #IOSTUSDT #AltcoinPumping