Behind the 43% surge, is IOST truly different today?
Trading volume has jumped to 193 million USDT. The hourly chart has closed with three consecutive bullish candles, and this doesn’t look like a simple rebound. The funding rate is only 0.01%, suggesting the long side hasn’t gotten overheated yet. The long position ratio at 53% also remains relatively healthy.
It has rallied from the low of 0.00072 to the current level of 0.00104—this rebound of nearly 45% is supported by volume. The key now is whether it can hold above the psychological level of 0.001.
I’m watching the closing prices over the next two hours. If it can stay above 0.00098, there could still be room for short-term upside.
$IOST #放量突破 #43%
Click the small card below to quickly check the行情👇
Trading volume has jumped to 193 million USDT. The hourly chart has closed with three consecutive bullish candles, and this doesn’t look like a simple rebound. The funding rate is only 0.01%, suggesting the long side hasn’t gotten overheated yet. The long position ratio at 53% also remains relatively healthy.
It has rallied from the low of 0.00072 to the current level of 0.00104—this rebound of nearly 45% is supported by volume. The key now is whether it can hold above the psychological level of 0.001.
I’m watching the closing prices over the next two hours. If it can stay above 0.00098, there could still be room for short-term upside.
$IOST #放量突破 #43%
Click the small card below to quickly check the行情👇