$IOST just attempted a breakout toward $0.001665 but faced rejection, now stabilizing around $0.00164. Buyers are still defending support, and as long as price holds above $0.00162, the structure remains neutral-to-constructive. Pro tip: range highs often need multiple attempts before a clean breakout, so patience is key here.

Trade Setup:

Entry Zone: $0.001635 – $0.001645 (shallow pullback or consolidation buy)

Target Points:

TP1: $0.001665 (first breakout test)

TP2: $0.001685 (secondary target if momentum continues)

Stop Loss: $0.001615 (below key support)

Why this works:

I’m entering here because $IOST is holding a constructive base and buyers are actively defending the support zone. The rejection from the previous high doesn’t indicate weakness; it’s normal for range highs to require multiple tests. By buying near support and keeping risk tight below $0.001615, the reward-to-risk ratio is favorable while allowing room for a clean breakout attempt.

IOSTUSDT

Perp

0.001617

-1.52%

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