$IOST is sitting around 0.002117 after that long slide from 0.002263 and the deep sweep down to 0.002086, and I’m seeing the first signs of buyers trying to stabilise the chart after the heavy drop. The wick at the low shows a clean reaction, which usually means liquidity got taken and sellers may be cooling off for now. Price is starting to flatten out into a small base, and the candles are showing slower movement, hinting that momentum is losing strength on the downside.
The structure is still bearish overall, but this kind of pause often sets up a short corrective push because of how fast the drop happened. If buyers reclaim even a tiny part of the range, it becomes a quick snap move into the imbalance created during the selloff. They’re protecting just above the low, and if the base holds, a short-term bounce can form cleanly.
EP: 0.002115
TP1: 0.002145
TP2: 0.002171
TP3: 0.002198
SL: 0.002085
Let’s go $IOST


