Yo @612 Ceros its a resistance level. Thats the level where IOST started. Below that and a retest before we can actually confirm that bearish trend

IOST is a ticking time bomb. 75% confident SHORT signal armed.

$IOST /USDT : 🟢 Risk 2/10 (SHORT)

🔥 Why this setup?
Why short NOW?
• 1D trend is BEARISH, giving the macro direction.
• Price rejected at the 4H entry zone (0.001674).
• RSI on lower timeframe (15m) is weak at 40.4, showing no bullish momentum to fight the trend.
Targets: TP1 0.001649, TP2 0.001640.

📉 Trade Plan:
• Entry: 0.00167 – 0.001678
• TP1: 0.001649 | TP2: 0.00164 | TP3: 0.001623
• SL: 0.001699

👇 Debate:
Is this the start of the next leg down, or a fakeout before a bounce? 👇

#Write2Earn‬ #TradingSignals💹💬