🚀 $IOST /USDT READY FOR A BULLISH REVERSAL BREAKOUT!
$IOST is showing signs of a strong upside reversal after defending key support levels and consolidating near moving average confluence. With bearish momentum weakening and price attempting to reclaim the 7 and 25 MA zone, a breakout toward higher resistance levels is highly likely.
Trade Setup
Entry Zone: 0.002360 – 0.002400
Take Profit 1: 0.002480
Take Profit 2: 0.002550
Take Profit 3: 0.002620
Stop Loss: 0.002300
📊 Market Outlook
Trend Shift: Price is stabilizing above support and preparing a momentum shift toward bullish territory.
Momentum Indicators: Increasing volume and MA proximity suggest accumulation.
Key Level to Break: 0.002450 – a breakout above this zone could trigger rapid upward movement.
Bullish Bias Active: As long as support holds above 0.002300, bulls maintain control.
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Buy and Trade Here $IOST