📉 $IOST /USDT BEARISH BREAKDOWN – SHORT SETUP ACTIVE 🔻
$IOST continues its downtrend, currently trading at $0.003499 (-2.04%), struggling to find bullish momentum. Price is forming lower highs and lower lows, signaling further downside potential.
📊 KEY LEVELS TO WATCH:
Current Price: $0.003499
Resistance Levels:
🔸 $0.003662 – Recent swing high
🔸 $0.003750 – Strong resistance + MA rejection
Support Levels:
🔹 $0.003386 – 24h low
🔹 $0.003300 – Next demand zone
💼 TRADE SETUP (SHORT):
Entry Zone: $0.003490 – $0.003510
Take Profit Targets:
🎯 TP1: $0.003386
🎯 TP2: $0.003300
🎯 TP3: $0.003150 (aggressive target)
Stop Loss: ❌ $0.003662
🛡️ RISK MANAGEMENT:
Use 1-2% capital per trade only. Stick to SL. Re-evaluate if price breaks and closes above $0.003662 with volume.
⚠️ Trend is your friend — trade wisely! 💣📉📊#MetaplanetBTCPurchase #IsraelIranConflict #CardanoDebate #CardanoDebate #Write2Earn! $IOST