$IOST is currently approaching the upper Bollinger Band at 0.004078, suggesting potential overextension, while the price has shown a modest 1.636% increase in the past 24 hours. With support at 0.003886 and resistance at 0.004341, a breach above 0.004078 could indicate a continuation of the upward trend. However, volatility appears to be contracting, which may precede a breakout or a pullback. Traders should consider placing a stop-loss below the lower Bollinger Band at 0.003958 to manage risk. Recommended action: set alerts for significant price shifts, focusing on a buy position if surpassed convincingly.
