$IOST | Strong rebound from support – Quick scalping opportunity
#IOST #Crypto #Binance
The currency $IOST has experienced a sharp drop from the 0.00158 area down to 0.00150, which is a strong support area on short time frames.
The price is currently trying to form a positive rebound near the moving averages, with recovery candles appearing after clear selling pressure.
Proposed plan (15-minute frame):
Entry (Buy): 0.001515 – 0.001525
Stop loss: 0.001495
Targets:
First target: 0.00155
Second target: 0.00158
Third target: 0.00161
Trade management:
After achieving the first target, it is preferable to move the stop loss to the entry point.
The trade is suitable for scalping/short-term, and not a long-term investment.
Important note:
A clear break below 0.00150 cancels the buying scenario.
Capital management is essential. Trading is a personal responsibility.#TrumpTariffs #FOMCWatch #BTCVSGOLD $IOST
