IOST/USDT Technical Analysis: Breakout Setup with Massive Potential
$IOST is currently testing a critical HTF resistance zone near the $0.0068 level. A confirmed breakout above this red box resistance could initiate a significant rally, with potential upside between 500%-1000% in the ongoing bull market.
Key Levels to Watch:
Resistance: $0.0068 (Breakout Zone)
Accumulation Zone: $0.0070 - $0.0065
Stop Loss: $0.0042
Potential Bull Market Targets:
1️⃣ $0.012
2️⃣ $0.021
3️⃣ $0.040
4️⃣ $0.072
Technical Outlook:
The chart structure suggests strong bullish momentum if resistance is broken.
Historical price patterns and the current market environment favor a high probability of a parabolic move.
Keep an eye on the breakout confirmation above $0.0068 for the next leg up. 🚀
$IOST is currently testing a critical HTF resistance zone near the $0.0068 level. A confirmed breakout above this red box resistance could initiate a significant rally, with potential upside between 500%-1000% in the ongoing bull market.
Key Levels to Watch:
Resistance: $0.0068 (Breakout Zone)
Accumulation Zone: $0.0070 - $0.0065
Stop Loss: $0.0042
Potential Bull Market Targets:
1️⃣ $0.012
2️⃣ $0.021
3️⃣ $0.040
4️⃣ $0.072
Technical Outlook:
The chart structure suggests strong bullish momentum if resistance is broken.
Historical price patterns and the current market environment favor a high probability of a parabolic move.
Keep an eye on the breakout confirmation above $0.0068 for the next leg up. 🚀
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.