$IOST IGNITES: Breakout Momentum or Pause Before the Next Surge?
$IOST just clocked a +24% spike, breaking into a key resistance zone with massive volume backing. Bulls are in control — but can they hold the charge or is a cool-off around the corner?
Current Price: $0.004693
24h High: $0.005444
24h Volume: 2.81 Billion IOST
Key Levels to Monitor
Resistance Zone: $0.00520 – $0.00545
• A clean breakout here could trigger continuation toward:
◦ Target 1: $0.00590
◦ Target 2: $0.00640
Support Zone: $0.00430 – $0.00450
• If price fails to hold above this, expect a possible retest of:
◦ Target 1: $0.00400
◦ Target 2: $0.00375
Trade Scenarios
Bullish Setup
Hold and breakout above $0.00545
• TP1: $0.00590
• TP2: $0.00640
Bearish Setup
Rejection and close below $0.00430
• TP1: $0.00400
• TP2: $0.00375
Momentum is high, but $IOST is nearing a decision point. If buyers reclaim $0.00545 with strong volume, the bulls could take it much higher. However, a failed breakout might invite a pullback. Stay sharp — next move will be fast.