⚡ $IOST /USDT Technical Analysis (4H Chart) 📉 Current Pri
CryptoPotato
Updated at: 4 hours ago
{"content":"⚡ $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
👉 Price broke above all key MAs, but just printed a sharp rejection wick — early fakeout risk is in play.
🔥 Bullish Momentum With a Warning Sign
IOST saw a sudden breakout above MA(99) and wicked toward $0.0043, but faced heavy rejection.
The recent red candle with a long upper wick shows profit-taking or a failed breakout attempt.
Still, all short-term MAs are pointing upward — momentum isn’t gone yet, but needs volume support.
🧠 What to Watch Next:
Holding above MA(99) at $0.00370 is key. Losing it may pull price back toward $0.00360 or lower.
Reclaiming $0.00390–$0.00400 cleanly would reignite the breakout setup.
🧱 Key Levels:
Support: $0.00370 (MA99) → $0.00360 → $0.00350
Resistance: $0.00390 → $0.00415 → $0.00430
🎯 Trade Setup Idea:
If $0.00370 holds as support, this could form a bullish flag consolidation.
Aggressive entries possible on pullback to MA(99) with stop below $0.00360.
Break and close above $0.00400 = strong signal for second leg higher.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/979b8fe3a2274d6ebf491b9b60260f81.png"],"tags":[],"tradingPairs":["IOST/USDT"],"quotearticleid":0}