ā”š„ $IOST /USDT ā Layer-1 & Layer-2 Under Pressure, Setup Forming š„ā”
IOST is hovering around 0.001475, down -1.80%, after a sharp rejection from 0.001573. The 1H chart just printed a deep liquidity sweep into 0.001444, leaving a long lower wick ā a clear sign of sell-side absorption.
š§ Market story in one glance:
Rally attempt failed ā profit-taking kicked in
Fast drop into demand = stop-hunt completed
Volume spike confirms active participation, not panic
Price now stabilizing above key support ā decision zone
šÆ Levels that matter:
Support: 0.001444 ā 0.001460 (critical base)
Resistance: 0.001500 ā 0.001575
If buyers defend this zone, IOST can reload and push higher with momentum.
Lose 0.001444, and the market may dig deeper before the next real move.
Quiet charts often precede loud moves ā stay sharp, this one is coiling šā”
