🔻 $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!
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