$IOST SHORT SELLERS ARE STILL IN CONTROL
$IOST has suffered a sharp rejection after its explosive rally, dropping 37.12% in 24 hours to $0.0008933. The chart shows a steep sell-off, with price now hovering near its recent low of $0.0008561.
Key levels to watch:
- Current price: $0.0008933
- Resistance: $0.0009500–$0.0010000
- Support: $0.0008560
- TP1: $0.0008500
- TP2: $0.0008000
If price breaks below $0.0008560 and fails to reclaim it, further downside may follow. However, after such a steep drop, a sharp relief bounce is also possible.
I wouldn't chase the dump blindly. Wait for a weak rebound and clear rejection before considering a short entry, with a defined stop-loss and controlled leverage.
Guys Will $IOST break its recent low, or are buyers preparing a bounce?
Stay disciplined and protect your capital. No trade is guaranteed.
$IOST has suffered a sharp rejection after its explosive rally, dropping 37.12% in 24 hours to $0.0008933. The chart shows a steep sell-off, with price now hovering near its recent low of $0.0008561.
Key levels to watch:
- Current price: $0.0008933
- Resistance: $0.0009500–$0.0010000
- Support: $0.0008560
- TP1: $0.0008500
- TP2: $0.0008000
If price breaks below $0.0008560 and fails to reclaim it, further downside may follow. However, after such a steep drop, a sharp relief bounce is also possible.
I wouldn't chase the dump blindly. Wait for a weak rebound and clear rejection before considering a short entry, with a defined stop-loss and controlled leverage.
Guys Will $IOST break its recent low, or are buyers preparing a bounce?
Stay disciplined and protect your capital. No trade is guaranteed.
