📈 $IOST /USDT — Bullish Breakout Alert! 🚀
IOST just flashed a strong move with a 705% peak profit spike from recent lows — signaling massive volatility and renewed bullish momentum. The recent breakout above resistance followed by a pullback offers a solid opportunity to position for the next wave.
🔍 Technical Breakdown:
Chart Pattern: Inverse Head & Shoulders ✅
Support Zone: 0.00345 – 0.00350
Resistance: 0.00380 – 0.00420
Moving Averages: Price is currently consolidating around the 50 EMA, suggesting a decision point.
📥 Entry:
🔹 Buy Entry: Around 0.00355 – 0.00360
(After confirmation candle closes above short-term resistance)
🎯 Take-Profit Targets:
TP1: 0.00380
TP2: 0.00420
🛡️ Stop-Loss:
🔸 Set Stop-Loss just below the local low at 0.00340 to protect capital.
🧠 Strategy Tip: Watch for volume confirmation and a green Heikin Ashi close above the breakout zone for high-probability entries.
💬 Are you buying this dip or waiting for a breakout confirmation? Let’s discuss below! 👇 #IOST
Let's Trade $IOST