$LOT stcoin, which is a Layer 1 / Layer 2 project, is currently trading at $0.001576 (Rs 0.4415) and showing a -5.74% downtrend over the last 24 hours.
Sentiment is bearish, but the order book is almost perfectly balanced (Buyers: 50.44%, Sellers: 49.56%), indicating that the market is indecisive at this level. Support at the critical lower level is seen in the area of $0.001569-0.001570**. If this level is also broken, the next major support could head towards **$0.001567 (24h low). Has the IOST ecosystem remained cold? IOST
Resistance at the first major upper barrier is around $0.001576-0.001577, which is the current price. Moving averages are also confirming downward pressure. Older Layer 1 projects face volatility in market cycles. If you believe this is oversold, wait for a bounce from strong support. Recovery requires patience!
