IOST is showing an extremely impressive upward momentum! 🚀
#IOST /USDT has just recorded an increase of over 23%, completely breaking through the previous accumulation area and creating new momentum for the upward trend. On the 1H chart, the price strongly bounced from the bottom of 0.0017, continuously forming long green candles indicating overwhelming buying power.
Notable points:
EMA200 has been pierced, indicating a clear shift in the short-term trend towards an upward direction.
Trading volume has exploded, confirming that real money is indeed coming back to #IOST
RSI has not yet fallen into the overbought zone, meaning the upward momentum still has space to continue.
Recent correction phases have all been strongly bought at the lows → buyers are in control of the market.
If buying power remains strong, IOST could completely aim back at the peak of 0.00224 and even expand into new price areas. This is a sign that the market is expecting a comeback for this coin.#