📍 $IOST Market News Isn't Rosy

The inscription of #IOST caused a lot of anger in the market, which led to an immediate reversal of the rising trend.

At present, even at the 0.618 Fibonacci support level, it is estimated that it is difficult to complete the support, because not only the MACD indicator gives the dead fork form, the current 0.618 support is also just in the rising trend line.

Once the superposition of this form is broken, it will accelerate the speed of its decline, the IOST inscription market has become a foregone conclusion, and it is difficult to form any reversal on the news surface.

However, the overall market value is small, please pay attention to volatility risk

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