$IOST /USDT HOVERING NEAR SUPPORT – BEARISH PRESSURE MOUNTING! ⚠️

$IOST/USDT is showing signs of weakness, currently trading at $0.003378 after failing to sustain above the short-term resistance at $0.003403. The immediate support is at $0.003354, and a breakdown below this level could trigger further downside toward $0.003312. Selling pressure is gradually increasing, suggesting cautious positioning for bulls in the near term.

Trade Setup (Bearish):

Entry: $0.003380 – $0.003390

Take Profit (TP): $0.003354 / $0.003312

Stop Loss (SL): $0.003406

Market Outlook:

$IOST/USDT is in a consolidation phase with bearish tendencies. Traders should watch for a decisive break below support to confirm further downside, while a rebound above $0.003403 could negate short-term bearish pressure.

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#CryptoTrading #IOSTUSDT #BearishSetup #TechnicalAnalysis #defi $IOST