$IOST continues to show bearish pressure on the lower timeframe, and the current structure suggests a deeper downside move could be loading. As long as price remains below the key rejection zone, sellers are likely to stay in control.
Bearish targets are positioned at 0.001071, 0.001068, and potentially 0.001062 if momentum accelerates.
The ideal short setup would be a retest of the 0.001080–0.001098 resistance area followed by a strong bearish rejection, engulfing candle, or liquidity sweep confirmation before continuation lower.
Short Trade Plan: Entry Zone: 0.001080–0.001096 after confirmation Targets: • TP1: 0.001071 • TP2: 0.001068 • TP3: 0.001062 Stop-Loss: Above the latest swing high near 0.001098
Alternative Scenario: If price sweeps below 0.001063 and quickly reclaims the level with aggressive bullish momentum, a fast scalp long toward 0.001094–0.001098 could develop. Confirmation and strict risk management remain essential.
Bullish confirmation only becomes valid if price breaks and holds above 0.001098 while reclaiming the equilibrium zone around 0.001141 with strong market structure.
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