Just sharing a personal take: $IOST hit a new 24-hour low at 0.00081. The previous low was 0.000817.
Whenever a new low hits, people on the plaza start calling it a buying opportunity. But in a weak market, new lows are often followed by even lower lows. I’ll wait for the price to climb back above the previous low before considering a trade—I’m not going to try to call the bottom.
Feel free to share your thoughts in the comments.