IOST is testing a fresh swing low, price hugging the 0.0175 level with sellers in control.
🔴 $IOST SHORT 📉
Entry $0.000716-$0.000718 | SL $0.000739 (-3.0%) | TP1 $0.000706 (+1.5%) | TP2 $0.000681 (+5.0%) | R/R 1:1.7 | Conf 64%
A clear change of character broke the bullish swing, the CVD turned negative, and a fair value gap lines up with an order block that was swept, giving a tight liquidity trap. Structure now shows a descending channel, making the short entry logical.
A 3.0% stop is relatively tight, so keep leverage at or below 5x to protect margin.
Take half profit around the first target near 0.0158 as the price reaches the next minor support.
Not financial advice — trade only what you can afford to lose 🙏
$IOST #IOSTUSDT #FedWatch #TradingSignals #Write2Earn
🔴 $IOST SHORT 📉
Entry $0.000716-$0.000718 | SL $0.000739 (-3.0%) | TP1 $0.000706 (+1.5%) | TP2 $0.000681 (+5.0%) | R/R 1:1.7 | Conf 64%
A clear change of character broke the bullish swing, the CVD turned negative, and a fair value gap lines up with an order block that was swept, giving a tight liquidity trap. Structure now shows a descending channel, making the short entry logical.
A 3.0% stop is relatively tight, so keep leverage at or below 5x to protect margin.
Take half profit around the first target near 0.0158 as the price reaches the next minor support.
Not financial advice — trade only what you can afford to lose 🙏
$IOST #IOSTUSDT #FedWatch #TradingSignals #Write2Earn