IOST is experiencing strong bearish pressure today. A lot of cryptos are seeing good returns, but IOST is severely lagging behind the rest. In case we will experience a strong sell-off again in the near future, this trade will act on the potential rebound resulting from said sell-off.
Before entering this trade wait for the price to touch the Entry line.
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.
Happy trading!