⚡ $IOST /USDT Technical Analysis (4H Chart)

📉 Current Price: $0.003821 (–1.93%)
📊 Moving Averages:

MA(7): $0.003708

MA(25): $0.003587

MA(99): $0.003701

👉 Price broke above all key MAs, but just printed a sharp rejection wick — early fakeout risk is in play.

🔥 Bullish Momentum With a Warning Sign

IOST saw a sudden breakout above MA(99) and wicked toward $0.0043, but faced heavy rejection.

The recent red candle with a long upper wick shows profit-taking or a failed breakout attempt.

Still, all short-term MAs are pointing upward — momentum isn’t gone yet, but needs volume support.

🧠 What to Watch Next:

Holding above MA(99) at $0.00370 is key. Losing it may pull price back toward $0.00360 or lower.

Reclaiming $0.00390–$0.00400 cleanly would reignite the breakout setup.

🧱 Key Levels:

Support: $0.00370 (MA99) → $0.00360 → $0.00350

Resistance: $0.00390 → $0.00415 → $0.00430

🎯 Trade Setup Idea:

If $0.00370 holds as support, this could form a bullish flag consolidation.

Aggressive entries possible on pullback to MA(99) with stop below $0.00360.

Break and close above $0.00400 = strong signal for second leg higher.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!