$IOST /USDT — Counter-Trend Bounce → Short Continuation Setup
Higher timeframes (Daily & 4H) remain strongly bearish, with price trading below all major moving averages. The recent 1H bounce above EMA50 looks corrective, not a reversal. This creates a high-probability short if momentum fails again.
Trigger Logic (Why Now):
Wait for the 15M RSI to drop back below 50 → confirms the bounce is losing strength and the dominant downtrend is resuming.
---
Trade Setup (SHORT)
Entry (Market):
0.001543 – 0.001547
Targets:
TP1: 0.001530
TP2: 0.001525
TP3: 0.001515
Stop Loss:
0.001560
---
Notes:
This is a trend-continuation short, not a reversal play
Alignment across timeframes favors downside follow-through
Manage risk strictly; partials at TP1 are recommended
Clean structure. Clear trigger. Trade momentum, not hope.
#USNonFarmPayrollReport #BTCVSGOLD #USJobsData #BinanceBlockchainWeek #CPIWatch