$IOST is making a strong move on the 4H chart after recovering from the 0.000705 low. Price has surged to 0.000809 with a noticeable increase in buying volume, pushing above the short term moving averages. This sudden breakout suggests buyers are stepping in aggressively, but the next resistance zone will be crucial in deciding whether the rally can continue.
Signal Action: LONG WATCH
Entry Zone: 0.0007850 – 0.0008050
Support: 0.0007830 – 0.0007580
Major Support: 0.0007470 – 0.0007290
Resistance: 0.0008260 – 0.0008420
Target 1: 0.0008260
Target 2: 0.0008420
Target 3: 0.0008680
Stop Loss: 0.0007410
A confirmed 4H breakout above 0.0008260 could open the way toward 0.0008420 and potentially 0.0008680. However, after such a sharp green candle, a retest of the breakout zone is possible. Watch for sustained volume and support holding before considering an entry. Avoid chasing the price if momentum fades.
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