IOST Is About To Erase Its Gains
Entry: 0.001764 š©
Target: 0.001751 šÆ
Stop Loss: 0.001785 š
The market structure on $IOST is collapsing right now. Daily and 4h charts confirm a deep bearish trend, trading below all critical moving averages. We just saw a violent rejection off the 1h EMA50 resistance. This is the trigger moment. The 15m RSI is failing hard below 50, signaling that the next major leg down has officially started. If this short-term pivot breaks, expect a rapid flush. $BTC weakness is fueling this move lower.
This is not financial advice. Trade responsibly.
#CryptoTrading #ShortSetup #IOST #Alts #TechnicalAnalysis š

IOSTUSDT
Perp
0.001817
+0.44%

BTCUSDT
Perp
92,821.1
-1.07%