$IOST - Parabolic extension on thin volume is a trap, not a trend.
When a micro-cap rips 77% on only 24.8M volume while majors grind 1-2%, the bid is paper-thin - one aggressive seller collapses the whole move.
Live example: $IOST +77.2% on 24.8M USDT volume.
Tape now: $BTC 82,809 USDT (+1.2%) · $ETH 2,440 USDT (+1.7%)
#TradingTips #RiskManagement
When a micro-cap rips 77% on only 24.8M volume while majors grind 1-2%, the bid is paper-thin - one aggressive seller collapses the whole move.
Live example: $IOST +77.2% on 24.8M USDT volume.
Tape now: $BTC 82,809 USDT (+1.2%) · $ETH 2,440 USDT (+1.7%)
#TradingTips #RiskManagement