🚀 $IOST / USDT – Long Scalping Opportunity
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📊 Market Snapshot
Current Price: $0.003759
Micro Support Zone: $0.00370 – $0.00373
Immediate Resistance: $0.00385, $0.00394
Trend Bias: Price is compressing under descending wedge with rising volume — signs of a squeeze breakout brewing. RSI is climbing above 50, suggesting building short-term strength.
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🎯 Entry Zone (Current + Micro Pullback)
$0.00374 – $0.00376
(Right above wedge base and EMA cluster for quick long trigger)
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🎯 Profit Targets + Reasons
TP1: $0.00386 (+2.9%) – near-term wedge top breakout
TP2: $0.00393 (+5%) – historical congestion zone
TP3: $0.00401 (+6.4%) – minor supply & pattern completion zone
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🔻 Stop-Loss: $0.003570
(Placed below wedge support and 200 EMA on 15m – gives enough room against false dips)
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📈 Why Long from Here?
IOST is forming a tight volatility squeeze. Historical behavior shows strong impulsive pops post-squeeze. This zone provides early positioning with defined invalidation just beneath.
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⚠️ Risk–Reward: 1:2
💡 Max Profit Scope: ~6.4%
⏱️ Ideal Timeframe: 15–30 min candles
🧭 Setup Type: Scalping / Intraday
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🧠 Pro Learning Tip:
Tight squeezes often precede explosive moves. Volume spike + RSI breakout are your confirmation. Always wait for a clean candle close above micro resistance for added conviction.
---✅Buy and Trade here on $IOST