$IOST

/USDT Technical Analysis: A Positive Momentum Build-Up

The IOST/USDT pair is currently showing strong upward momentum, with the price sitting at $0.007523, reflecting a 9.86% increase over the past 24 hours. This gain indicates a solid recovery after reaching a 24-hour low of $0.006402, with a 24-hour high of $0.008714.

Looking at the 1-hour chart, the price has climbed by +1.29% to $0.007523, holding steady above key support levels. The recent surge suggests that the $0.008000 resistance is a critical level to watch. If the price breaks through this level, we could see further upside potential, targeting higher resistance levels.

Key Levels to Watch:

Support: $0.007000

Resistance: $0.008000

24h Volume:

IOST Volume: 1.758M

USDT Volume: 12.63M

With a relatively high trading volume, this positive momentum could continue, but traders should stay vigilant and monitor the price action closely for any potential reversals.

Chart Interval: 1H | 24h High: $0.008714 | 24h Low: $0.006402

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