$IOST

/USDT Technical Analysis & Trade Signals

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Current Price: $0.007739 (+18.66% in the last 24 hours)

Trend: Bullish momentum

Resistance: $0.008714 (24h High), $0.008829 (Depth)

Support: $0.006415 (24h Low), $0.006300 (Recent drop)

Trade Signals:

1. Bullish Continuation:

Buy Entry: $0.0077 ā€“ $0.0080

Target 1: $0.0083

Target 2: $0.0087

Target 3: $0.0090

Stop-Loss: $0.0062 (below recent low)

Momentum: Strong buying pressure, confirmed by increasing volume.

2. Pullback Setup:

Buy Entry: $0.0065 ā€“ $0.0070

Target 1: $0.0077

Target 2: $0.0080

Target 3: $0.0083

Stop-Loss: $0.0060

Momentum: Good entry if the price retraces for a recovery.

Key Considerations:

Watch for breakout above $0.0087 for potential to reach $0.0090.

Volume and momentum are strong, supporting a continuation of the bullish trend.

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