$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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