Short $IOST : 0.000774 is the 4H resistance sellers must defend.
Reject 0.000774 → 0.000738, then 0.000718.
Reclaim 0.000804 → the idea is off the table.
I want a clean rejection here, not acceptance above it.
What I'm seeing:
- 4H price 0.000771 below EMA50 0.000825, trend structure still favors sellers
- Daily below EMA200 0.000901, the bigger trend is on this side
- Risk 4.3% to SL vs 6.9% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 0.000768–0.000774 · TP 0.000751 / 0.000738 / 0.000718 · SL 0.000804
NFA · DYOR
Reject 0.000774 → 0.000738, then 0.000718.
Reclaim 0.000804 → the idea is off the table.
I want a clean rejection here, not acceptance above it.
What I'm seeing:
- 4H price 0.000771 below EMA50 0.000825, trend structure still favors sellers
- Daily below EMA200 0.000901, the bigger trend is on this side
- Risk 4.3% to SL vs 6.9% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 0.000768–0.000774 · TP 0.000751 / 0.000738 / 0.000718 · SL 0.000804
NFA · DYOR
