🚀 USDT/$IOST : Will the strong rise continue or will we witness profit-taking? 🔥 Quick analysis!

📈 Current price: 0.003861 with a strong increase of +15.20%.

📊 Highest price in 24 hours: $0.004250 | Lowest price: $0.003400.

🔥 Upcoming predictions:

✅ Bullish scenario:

If the price continues to rise and surpasses the level of $0.004250, it may target higher levels at $0.004500 and above.

An increase in trading volume accompanying the rise will support this scenario.

❌ Bearish scenario:

If signs of weakness appear and the price starts to decline, breaking the level of $0.003800, we may see a drop towards $0.003600 and then $0.003400.

Increased selling pressure will strengthen this possibility.

📊 Technical analysis:

🔸 The SAR indicator currently shows buying pressure with points below the candles.

🔸 Moving averages indicate a clear upward trend.

🔸 Trading volume shows a noticeable increase, indicating high trading activity.

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💡 Will $IOST /USDT continue to rise or start to decline? Share your opinion with us! 👇🤑