The Danger of Vertical Pumps: Is another drop coming after the spike? 🚨
Looking at the $IOST historical chart, we've seen this movie before. A massive vertical pump followed by an immediate sharp crash. Once again, after spiking near previous highs, the price has retraced heavily down to $0.0008698 (-30.75% today).
When tokens pump this fast and crash, do you think they will ever recover back to their highs quickly, or do they trap retail buyers in a long consolidation zone?
Drop your thoughts in the comments below! 👇
#IOST #CryptoTrading #EarningsSeason
Looking at the $IOST historical chart, we've seen this movie before. A massive vertical pump followed by an immediate sharp crash. Once again, after spiking near previous highs, the price has retraced heavily down to $0.0008698 (-30.75% today).
When tokens pump this fast and crash, do you think they will ever recover back to their highs quickly, or do they trap retail buyers in a long consolidation zone?
Drop your thoughts in the comments below! 👇
#IOST #CryptoTrading #EarningsSeason