#IOST 🚀 $IOST /USDT: +27% in 24 hours. More upside or a bull trap?
IOST surged from $0.000704 to $0.001541 amid a spike in volume. The price is now around $0.001385 — the market is correcting after the impulse.
📈 LONG — primary scenario POI: $0.00121–$0.00123.
We’re waiting for a return to the zone, an SSL sweep, and M5 confirmation: MSS → Displacement → FVG/IFVG Retest.
🎯 Targets: $0.00130 → $0.001443 → $0.001541.
📉 SHORT — Plan B Watch zone: $0.001443–$0.001541.
If the market sweeps BSL and forms a bearish MSS with M5 confirmation, correction targets are: $0.00123 → $0.00119 → $0.00105.
⚠️ Invalidation: a close below $0.00119 would weaken the bullish scenario.
For now — WAIT. The price has already covered significant ground. Don’t chase the impulse or enter just because the price has reached the POI. No M5 confirmation, no trade.
💬 Which scenario are you expecting: further LONG or a SHORT correction? Let us know in the comments.
#IOST #Crypto #TradingPlan #BinanceSquare
$IOST
IOST surged from $0.000704 to $0.001541 amid a spike in volume. The price is now around $0.001385 — the market is correcting after the impulse.
📈 LONG — primary scenario POI: $0.00121–$0.00123.
We’re waiting for a return to the zone, an SSL sweep, and M5 confirmation: MSS → Displacement → FVG/IFVG Retest.
🎯 Targets: $0.00130 → $0.001443 → $0.001541.
📉 SHORT — Plan B Watch zone: $0.001443–$0.001541.
If the market sweeps BSL and forms a bearish MSS with M5 confirmation, correction targets are: $0.00123 → $0.00119 → $0.00105.
⚠️ Invalidation: a close below $0.00119 would weaken the bullish scenario.
For now — WAIT. The price has already covered significant ground. Don’t chase the impulse or enter just because the price has reached the POI. No M5 confirmation, no trade.
💬 Which scenario are you expecting: further LONG or a SHORT correction? Let us know in the comments.
#IOST #Crypto #TradingPlan #BinanceSquare
$IOST