💥 $IOST /USDT – Accumulation Before Lift-Off? 🚀
Current Price: $0.00329 (−0.42%)
$IOST is holding just above key support, showing early signs of recovery. After tagging the $0.00324 low, price is forming higher lows on the 1H chart — hinting at buyer interest. If it breaks above $0.00332 with volume, a bullish push could follow.
📊 Trade Setup:
• Entry Zone: $0.00326 – $0.00330
• 🎯 Target 1 (TP1): $0.00336
• 🎯 Target 2 (TP2): $0.00343
• ❌ Stop Loss (SL): $0.00322
⚡ Technical View:
Price is compressing just below resistance, with increasing volume and bullish divergence — breakout looks likely if $0.00332 is cleared cleanly.
🛡 Risk Note:
Respect the Stop Loss — falling below $0.00322 could trigger further downside.
🔄 Strategy Breakdown:
This is a low-timeframe accumulation play. Structure is showing bullish intent, but confirmation is needed with a candle close above near resistance. Targets are conservative and based on the last local highs.
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