IOST has broken out of a falling wedge pattern and is poised for significant growth, with an entry point up to $0.22 and a target price increase of 50% to 70% in the next few weeks.
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Price is expected to bounce off strong support, presenting potential buying opportunities in the green range, but caution is advised with stop loss and capital management.
The price is rebounding from a support level, stabilizing above the Moving Average 100, and showing signs of breaking higher with oversold resistance on the RSI indicator.