#iostsignals
iostsignals
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Hoorain_X
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Bearish🔴 $IOST /USDT — SHORT SETUP 📉
IOST is showing a bearish structure on the 1M chart. Price remains below MA(7), MA(25) and MA(99), with lower highs forming since the 0.0011893 peak. The recent breakdown reached 0.0010073, and the current bounce looks like a possible retest rather than a confirmed reversal.
📍 Short Entry: 0.001030–0.001055
🛑 SL: 0.001080
🎯 TP1: 0.001007
🎯 TP2: 0.000980
🎯 TP3: 0.000950
Why short? Bearish MA alignment + lower-high structure + breakdown with selling volume. The 0.00103–0.001055 area is the key retest zone; rejection there could send IOST back toward the recent low.
⚠️ Stoch RSI is recovering from oversold, so don't chase the short at current levels. If price reclaims 0.00108, the setup is invalid.
#IOST #IOSTUSDT #BinanceSquare #Crypto #Futures #Trading #altcoins
IOST is showing a bearish structure on the 1M chart. Price remains below MA(7), MA(25) and MA(99), with lower highs forming since the 0.0011893 peak. The recent breakdown reached 0.0010073, and the current bounce looks like a possible retest rather than a confirmed reversal.
📍 Short Entry: 0.001030–0.001055
🛑 SL: 0.001080
🎯 TP1: 0.001007
🎯 TP2: 0.000980
🎯 TP3: 0.000950
Why short? Bearish MA alignment + lower-high structure + breakdown with selling volume. The 0.00103–0.001055 area is the key retest zone; rejection there could send IOST back toward the recent low.
⚠️ Stoch RSI is recovering from oversold, so don't chase the short at current levels. If price reclaims 0.00108, the setup is invalid.
#IOST #IOSTUSDT #BinanceSquare #Crypto #Futures #Trading #altcoins
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