📊 4H Analysis:
$IOST is currently trading within an accumulation range despite the year-end sell pressure caused by fiscal conditions. Many investors are selling assets to close their books for 2024, leading to low buy liquidity across the market.
Even with this pressure, #IOST has maintained its range for over a week, signaling resilience and a potential breakout.
🔑 Key Levels to Watch:
• Resistance: 0.0074 USD
• If broken and flipped into support, we could see a new Higher High (HH) and a bullish rally.
⏳ Outlook:
Patience is key here. A confirmed breakout above 0.0074 USD could signal the start of a new upward trend. Stay vigilant and ready to act as opportunities emerge.
💡 What’s your plan for IOST? Let’s discuss below!