$IOST
/USDT Technical Analysis & Trade Signal
Current Price: $0.007649
Momentum: Strong Bullish (+16.16% in 24h)
Key Levels & Signals:
1. Support Levels:
$0.00690 (Major support)
$0.00640 (Critical support in case of pullback
2. Resistance Levels (Targets 🎯):
🎯 Target 1: $0.00810 (Short-term resistance)
🎯 Target 2: $0.00850 (Mid-term resistance)
🎯 Target 3: $0.00900 (Strong psychological barrier)
Trade Momentum:
RSI: Near 70 (Suggests strong buying pressure; potential overbought zone soon).
MACD: Bullish crossover supports upward momentum.
Moving Averages: Price trading above 50 EMA confirms the uptrend.
Recommendation:
Bullish traders: Look for buying opportunities near $0.00740–$0.00760 with a stop loss at $0.00690.
Bearish traders: Watch for signs of exhaustion near $0.00850 or $0.00900 for possible shorting opportunities.
Stay vigilant as volatility remains high!