I'm not overthinking this one.
IOST just ripped +24% in a day on 4.5x normal volume.
Five straight green hourly candles. Fresh 8-day high at $0.000934.
And check the structure — higher lows every day since the 18th:
$0.00070 → $0.00073 → $0.00075 → $0.00079.
That's not random chop. That's buyers defending every dip.
No fresh headline today — this one's pure technicals, and honestly that's fine.
The supply story is real: 70M tokens burned by the foundation, plus a $21M strategic raise backing the RWA push. Traders are repricing it now.
My levels:
Entry: $0.00088–0.00090 (today's breakout retest)
Target 1: $0.00096 (last month's breakout trigger)
Target 2: $0.00106 (fib 23.6% of the full range)
Invalidation: hourly close under $0.00080 — I'm out.
Hold above $0.00088 and the path of least resistance is up. 👀
Not financial advice.