$IOST
A reflection from support after a red bleed*
*๐ Current Situation*
$IOST at *0.000831$* after a strong drop that reached -8.42%, then started a rebound +5.12% in the last candles.
The chart shows *REVERSAL DETECTED* directly from the support area.
*๐ Key Levels*
- *Support:* *0.000800$* โ strong buy zone
- *Resistance:* *0.000845$* โ we need to break above it to confirm the upside
- *Current Price:* *0.000831$*
- *RSI:* 42.3 โ bullish reversal signal
*๐ Trading Outlook โ FUTURES*
*LONG Scenario (most likely)*
- *๐ฏ Entry:* 0.000825$ - 0.000831$
- *๐ TP1:* 0.000845$ (resistance) +1.6% ๐ฐ
- *๐ TP2:* 0.000870$ +4.6%
- *๐ฅ TP3:* 0.000900$ +8.3% โ mid-term target
- *โ SL:* 1H close below 0.000800$
*SHORT Scenario (if the reversal fails)*
- *๐ฏ Entry:* break 0.000800$ on closing
- *๐ TP1:* 0.000780$
- *โ SL:* above 0.000815$
*โ ๏ธ Risk Management*
1. Meme coin โ extremely high volatility 15-25%
2. Enter with only 1-2% of the portfolio
3. Leverage up to a maximum of 5x
4. At 0.000845$, move the stop to entry
*๐ฅ Summary*
$LOST: A Bullish Engulfing candle formed at support 0.000800$ and the buy volume started increasing.
Holding above *0.000831$* = test of *0.000845$* then *0.000900$*.
Break below 0.000800$ = further downside.
Quick scalping opportunity for risk-takers only โก
$LDO #FedRateWatch #ExclusiveReward
#Memecoins๐ค๐ค #memecoin๐๐๐
A reflection from support after a red bleed*
*๐ Current Situation*
$IOST at *0.000831$* after a strong drop that reached -8.42%, then started a rebound +5.12% in the last candles.
The chart shows *REVERSAL DETECTED* directly from the support area.
*๐ Key Levels*
- *Support:* *0.000800$* โ strong buy zone
- *Resistance:* *0.000845$* โ we need to break above it to confirm the upside
- *Current Price:* *0.000831$*
- *RSI:* 42.3 โ bullish reversal signal
*๐ Trading Outlook โ FUTURES*
*LONG Scenario (most likely)*
- *๐ฏ Entry:* 0.000825$ - 0.000831$
- *๐ TP1:* 0.000845$ (resistance) +1.6% ๐ฐ
- *๐ TP2:* 0.000870$ +4.6%
- *๐ฅ TP3:* 0.000900$ +8.3% โ mid-term target
- *โ SL:* 1H close below 0.000800$
*SHORT Scenario (if the reversal fails)*
- *๐ฏ Entry:* break 0.000800$ on closing
- *๐ TP1:* 0.000780$
- *โ SL:* above 0.000815$
*โ ๏ธ Risk Management*
1. Meme coin โ extremely high volatility 15-25%
2. Enter with only 1-2% of the portfolio
3. Leverage up to a maximum of 5x
4. At 0.000845$, move the stop to entry
*๐ฅ Summary*
$LOST: A Bullish Engulfing candle formed at support 0.000800$ and the buy volume started increasing.
Holding above *0.000831$* = test of *0.000845$* then *0.000900$*.
Break below 0.000800$ = further downside.
Quick scalping opportunity for risk-takers only โก
$LDO #FedRateWatch #ExclusiveReward
#Memecoins๐ค๐ค #memecoin๐๐๐