IOUSDT is trading around $0.939 after being rejected at the Ichimoku cloud area. The current trend continues to lean towards the bears as the price remains below the red cloud on the 4H frame – a warning sign of further decline if the nearest support area cannot be held.
📌 4H technical analysis:
• Ichimoku: Price is below the cloud – negative mid-term trend
• MACD: Just crossed below the signal line, histogram turned red → confirming the reactivation of the downward pressure
• Volume Profile: Selling pressure dominates, Delta deep negative at -8 million → profit-taking/reaccumulation pressure has not clearly appeared
📍 Important support area:
• The $0.930 – $0.935 area is a key short-term support. If breached → the possibility of testing deeper around $0.90
🎯 Proposed strategy:
• Short probe around $0.945 – $0.955 if there is a weak pullback
• Take profit around $0.915 / $0.900
• Stop loss above $0.965 if the price returns to the Ichimoku cloud
🧠 Personal perspective:
Bearish pressure is still clearly dominant. This is not the time to catch the bottom quickly – need to wait for the MACD signal to create divergence or for the price to return above the cloud. Otherwise, another strong 'shakeout' is very likely.
#DolugCrypto #iousdt #IchimokuBreakdown #MACDsellSignal
