$IOST /USDT — 15m short setup
I’m leaning short on a relief bounce, not trying to catch a long here.
The structure is pretty clear: after the 0.0022200 high, price has printed lower highs and lower lows all the way down to 0.0010218. It’s also trading below the MA(7) 0.0010732, MA(25) 0.0012044 and MA(99) 0.0014869. That keeps momentum firmly bearish for me.
What I don’t like about shorting at 0.0010413 is that we’re already sitting close to the recent low. I’d rather let price come back into liquidity/resistance first.
My conditional plan:
Entry zone: 0.00110–0.00118
Confirmation: Bounce into this area gets rejected, then a 15m candle closes back below ~0.00110 with selling volume increasing.
SL: 0.00125
TP1: 0.0010218 — recent low/liquidity
TP2: 0.0009524
TP3: 0.0009000
TP4: 0.0008400
Using roughly 0.00114 entry / 0.00125 SL, the approximate R:R is 1:1.1 / 1:1.7 / 1:2.2 / 1:2.7.
Volume was heavy during the selloff but is now cooling near the lows. That makes me cautious about chasing — a liquidity sweep around 0.00102 followed by a reclaim could completely change the setup.
Invalidation: If I get a strong 15m reclaim above 0.00125, especially with expanding green volume, I’m out of the short idea. I’d rather miss the move than fight a confirmed structure shift.
No entry for me until the bounce + rejection actually appears. This is a conditional trading plan, not a guaranteed signal.
$IOST
I’m leaning short on a relief bounce, not trying to catch a long here.
The structure is pretty clear: after the 0.0022200 high, price has printed lower highs and lower lows all the way down to 0.0010218. It’s also trading below the MA(7) 0.0010732, MA(25) 0.0012044 and MA(99) 0.0014869. That keeps momentum firmly bearish for me.
What I don’t like about shorting at 0.0010413 is that we’re already sitting close to the recent low. I’d rather let price come back into liquidity/resistance first.
My conditional plan:
Entry zone: 0.00110–0.00118
Confirmation: Bounce into this area gets rejected, then a 15m candle closes back below ~0.00110 with selling volume increasing.
SL: 0.00125
TP1: 0.0010218 — recent low/liquidity
TP2: 0.0009524
TP3: 0.0009000
TP4: 0.0008400
Using roughly 0.00114 entry / 0.00125 SL, the approximate R:R is 1:1.1 / 1:1.7 / 1:2.2 / 1:2.7.
Volume was heavy during the selloff but is now cooling near the lows. That makes me cautious about chasing — a liquidity sweep around 0.00102 followed by a reclaim could completely change the setup.
Invalidation: If I get a strong 15m reclaim above 0.00125, especially with expanding green volume, I’m out of the short idea. I’d rather miss the move than fight a confirmed structure shift.
No entry for me until the bounce + rejection actually appears. This is a conditional trading plan, not a guaranteed signal.
$IOST
