🔻 $IOST /USDT Short Trade Alert 🔻

📉 Current Price: $0.004780 (-1.46%)

📊 Market Trend: Bearish rejection after a sharp spike, suggesting further downside.

📉 Support Levels: $0.004600 - $0.004400

📈 Resistance Levels: $0.005200 - $0.005500

Trade Setup

🎯 Targets:

TP1: $0.004600 ✅

TP2: $0.004400

TP3: $0.004200

🛑 Stop Loss: $0.005200

📊 Market Insight:

Price failed to sustain its recent breakout and is forming lower highs.

If price breaks below $0.004700, expect a stronger sell-off.

Bearish confirmation with increasing red candles and weak buy pressure.

🔥 Pro Tip:

Enter short after a retest of $0.004900 - $0.005000 with rejection.

Avoid shorting if price reclaims $0.005300 with strong volume.

Monitor BTC movements as they could influence volatility.

⚠️ Risk Management:

Secure profits at TP1, move SL to breakeven after the first target.

Use a trailing stop-loss strategy to protect further gains.

🚨 Bearish Confirmation – SHORT POSITION ACTIVE!

$IOST

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