$IOST /USDT Trading Signal - Breakout Opportunity?
๐ Entry Range: $0.00790 - $0.00800
๐ฏ Target Levels:
Target 1: $0.00812
Target 2: $0.00830
๐ก๏ธ Stop Loss: $0.00748
Market Analysis:
$IOST /USDT is exhibiting bullish momentum, with an 18% gain over the last 24 hours. The price has broken above its moving averages on the 15-minute chart, signaling potential for a breakout. The next resistance level lies near $0.00812, offering a favorable reward-to-risk ratio.
Key Moving Averages:
MA(7): $0.00781
MA(25): $0.00778
MA(99): $0.00748
Trade Idea:
Consider entering within the suggested range as the price approaches key resistance levels. Tight risk management is crucialโset stop loss at $0.00748 to protect your capital from volatility. Secure partial profits at Target 1 and let the rest ride towards Target 2.
๐ Stay tuned for more signals and updates!