$IOST Approaching Key Levels – Can Bulls Extend the Rally?
$IOST is currently trading at $0.00389, showing strong gains with nearly a +10% intraday move. Price is consolidating after the recent surge, sitting close to an important breakout zone that could determine the next trend direction.
Key Levels to Watch
• Resistance: $0.00400 – A breakout above this could extend upside momentum toward $0.00420 and $0.00435.
• Support: $0.00380 – A breakdown below this level may invite a correction toward $0.00365 and $0.00355.
Trade Setup – Potential for High Volatility
Bullish Entry:
• A confirmed breakout above $0.00400 could target:
• TP1: $0.00420
• TP2: $0.00435
Bearish Entry:
• A drop below $0.00380 could target:
• TP1: $0.00365
• TP2: $0.00355
$IOST is gaining bullish traction, but price action is near a decision zone. A breakout above $0.00400 would likely attract more buyers, while losing $0.00380 could shift sentiment bearish in the short term.
