IOST is stuck below the 0.12 resistance, and the price is testing the recent swing low at 0.108. A break below would expose the next bearish cluster around 0.095.
🔴 $IOST SHORT 📉
Entry → $0.000764-$0.000765
Stop → $0.000788 (-3.0%)
TP1 → $0.000753 (+1.5%)
TP2 → $0.000726 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure flipped with a clear CHoCH as the 0.108 low was taken, and the CVD turned negative confirming sellers. A fair value gap from the 0.115‑0.118 range lines up with an order block that just held, creating a POI where the OB and FVG overlap. With the break, the short bias is solid and the R/R of 1:1.7 looks clean.
A 3.0% stop is relatively tight on this volatility, so stay around 2‑3x leverage.
Take half off the table once price hits the first target around 0.102 to lock in the early gain.
As always: manage your risk, this is not financial advice 🙏
$IOST #IOSTUSDT #SMC #TradingSignals #Write2Earn
🔴 $IOST SHORT 📉
Entry → $0.000764-$0.000765
Stop → $0.000788 (-3.0%)
TP1 → $0.000753 (+1.5%)
TP2 → $0.000726 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure flipped with a clear CHoCH as the 0.108 low was taken, and the CVD turned negative confirming sellers. A fair value gap from the 0.115‑0.118 range lines up with an order block that just held, creating a POI where the OB and FVG overlap. With the break, the short bias is solid and the R/R of 1:1.7 looks clean.
A 3.0% stop is relatively tight on this volatility, so stay around 2‑3x leverage.
Take half off the table once price hits the first target around 0.102 to lock in the early gain.
As always: manage your risk, this is not financial advice 🙏
$IOST #IOSTUSDT #SMC #TradingSignals #Write2Earn