Post
Ouch, $IOST
iost
IOSTUSDT
Perp
--
-12.13%
‌ just got hammered – down almost 17% today! But you know me, I'm always looking for the bounce.

IOST is trading at $0.001024, after bouncing off the 24h low of $0.000987. The price is way below EMA5 ($0.001093), EMA10 ($0.001232), and EMA30 ($0.001325) – so the trend is definitely bearish. But here's what I'm seeing: MACD is showing DIF (-0.000063) below DEA (0.000042), but the histogram is shrinking, which means the selling momentum is starting to fade. Volume is also dropping – current volume is 186.00M, while MA10 is 1.18B – that's a massive drop in selling pressure. If IOST can hold above $0.000987, I'm expecting a relief bounce toward $0.00120 and $0.00135. But if it breaks below $0.000987, this setup is invalid.

Trading Plan:

· Entry: $0.001020 – $0.001030
· Stop Loss: $0.000960
· TP1: $0.001150
· TP2: $0.001300
· TP3: $0.001450

👇 Do you think IOST will bounce from here or continue its slide? Drop your thoughts below!#GateTop4MainstreamCEX #AppleSeptemberEvent
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
IOSTIOST-12.13%

  • 1

Add a comment
Add a comment

Comment
L2BridgeSmith
2 minutes ago
The MACD green histogram has contracted, but DIF is still below zero. It’s not too late to wait for a golden cross confirmation before entering; I’ll place an order at 0.001025 to test the waters.
0View Original
BondVeteran
13 minutes ago
IOST’s liquidity… 1.18B dumped down to 186M. The major players have all run off—what rebound is there left to talk about?
0View Original
BlueChipMuseum
25 minutes ago
First Review
All the EMAs are overhead, so betting on a rebound is indeed a bit of a gamble, but I recognize the signal of falling volume and a halt in the decline.
0View Original
View More