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/USDT Technical Analysis: Bullish Momentum Builds
The $IOST /USDT pair has been showing impressive bullish momentum, up +20.14% in the last 24 hours, currently trading at $0.008328. Here's a closer look at its recent performance:
Key Levels:
24h High: $0.008714
24h Low: $0.006919
24h Volume: 6.28B IOST, 48.64M USDT
Current Price Action:
IOST has made notable gains in the last 15 minutes, rising by +0.99%. This is further confirmation of a growing positive trend as we approach key resistance levels.
Support & Resistance:
Support: Around $0.007900 — A strong level that has held well over the past few hours.
Resistance: Near $0.008500 — If broken, we could see a potential continuation towards $0.0090 and beyond.
Volume Analysis:
The 24h volume shows substantial buying activity, with IOST volume hitting 6.28 billion, signaling strong market interest.
What’s Next? As IOST continues to consolidate above $0.007900, there’s potential for further upside towards the resistance at $0.008500. Investors should keep an eye on volume levels and market sentiment for further confirmation.
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