$IOST USDT – SHORT TRADE SIGNAL AFTER SHARP CANDLE REVERSAL
REJECTION FROM $0.003614
BEARISH ENGULFING ON 15M NEAR RESISTANCE
$IOST printed a strong red candle right after touching the local high of $0.003614, closing below the 7MA and testing the 25MA. This signals a short-term reversal setup with momentum shifting to the downside.
Trade Setup:
Short Entry: $0.00352 – $0.00355
Targets (TP): $0.00348 / $0.00342
Stop Loss (SL): $0.00362
Short Outlook:
If price fails to reclaim $0.00356 quickly, further downside could be seen as bears take control. Watch for volume confirmation on breakdown below 25MA.
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