Quick analysis of $IOST

Current price: 0.0010900$ | Down 23% today 😬

What’s clear from the chart:
1. $IOST dropped from 0.00222 to 0.00109
2. The price is below EMA7, EMA25, and EMA99 = selling pressure
3. The next strong support is at 0.00080

Is this the bottom and will it bounce? Or is there still more downside?
I’m watching for a close above 0.00123 to stay optimistic

Note: The coin is extremely volatile and this is not financial advice

#IOST/USDT #تحليل_العملات_الرقمية #كريبتو #Binance