📊 $IOST /USDT – Breakout Setup Analysis
Market structure was looking strong with a clean upward trend supported by a solid rising trendline. Price built momentum and finally pushed above resistance, giving a clear breakout signal.
After the breakout, IOST formed a short consolidation, which is normal as the market tests demand and supply zones. The red rectangle marks the risk area, while the blue zone below highlights a logical support target if price pulls back.
Trade idea:
Entry: around 0.001938 – 0.001939
Stop Loss: placed above recent swing high near 0.001951
Take Profit: demand zone around 0.001900
This is a classic risk-to-reward play. Even if price retraces first, the overall setup remains technical and disciplined.
Remember: successful trading is not about predicting every move – it’s about following a plan and managing risk.
Stay patient. Stay consistent. 🚀
