Short $IOST at 0.000847–0.000849 on the 4H
Sellers need to defend this zone. A rejection here aligns with the trend structure favoring sellers.
What backs it:
- 4H price at 0.000848 below EMA50 at 0.000872, sellers in control
- Daily below EMA200 at 0.000917, bigger trend supports this move
- BTC short-term trend bearish, adds pressure to the idea
🔴 SHORT · Entry 0.000847–0.000849 · TP 0.000842 / 0.000839 / 0.000833 · SL 0.000857
Will sellers defend this level, or will it break?
NFA · DYOR
Sellers need to defend this zone. A rejection here aligns with the trend structure favoring sellers.
What backs it:
- 4H price at 0.000848 below EMA50 at 0.000872, sellers in control
- Daily below EMA200 at 0.000917, bigger trend supports this move
- BTC short-term trend bearish, adds pressure to the idea
🔴 SHORT · Entry 0.000847–0.000849 · TP 0.000842 / 0.000839 / 0.000833 · SL 0.000857
Will sellers defend this level, or will it break?
NFA · DYOR
