$IOST

/USDT Technical Analysis & Trade Signals

Current Price: $0.007793 (+13.90%)🔥💥💯

Momentum: Bullish (Strong upward movement with increasing volume)

Key Indicators

1. RSI: Neutral zone approaching overbought (watch for resistance near $0.0080).

2. Moving Averages:

Short-Term (15m): Above MA50, signaling bullish momentum.

Mid-Term (1D): Rebounding from support, upward trend confirmed.

3. MACD: Positive crossover, indicating further upward potential.

Trade Targets 🎯

1. Target 1: $0.00820 (near-term resistance level).

2. Target 2: $0.00850 (medium-term breakout zone).

3. Target 3: $0.00900 (potential strong resistance and profit-booking area).

Stop Loss: $0.00730 (below key support to minimize risk).

Trade Momentum:

Short-Term: Bullish (volume surge suggests continuation).

Mid-Term: Neutral-Bullish (watch for pullbacks at resistance zones).

Recommendation:

Buy on dips near $0.00760–$0.00770 for upside targets.

Monitor RSI for overbought signals at $0.0080+.