$IOST /USDT Technical Analysis (4H Chart)

📉 Current Price: $0.003821 (–1.93%)

📊 Moving Averages:

MA(7): $0.003708

MA(25): $0.003587

MA(99): $0.003701

👉 The price has broken above all key MAs, but there has just been a sharp bounce — the risk of an early fakeout in action.

🔥 Bullish momentum with a warning sign

IOST saw a sudden breakout above MA(99) and aimed for $0.0043, but experienced a strong pullback.

The recent red candle with a long upper wick indicates profit-taking or a failed breakout attempt.

🧠 What to watch next:

Holding above MA(99) at $0.00370 is key. Losing this level may pull the price back to $0.00360 or lower.

A recovery to $0.00390–$0.00400 purely reactivates the breakout setup.

🧱 Key Levels:

Support: $0.00370 (MA99) → $0.00360 → $0.00350

Resistance: $0.00390 → $0.00415 → $0.00430

🎯 Trading Setup Idea:

If $0.00370 holds as support, it may form a bullish flag.

Aggressive entries are possible on a pullback to MA(99) with a stop below $0.00360.

A breakout and close above $0.00400 = strong signal for a second rise.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!