Currently sitting at support. Charts looks oddly similar to ada/btc. We know what $ada did recently. That said, the similarities spotted do not imply a blind trade, it rather gives confidence to build a great setup for a trade. If we can manage to close a daily above 230 sat area, then the next resistance area could be easily met within a few weeks. Good luck
Trade active:
Trade advancing nicely to the north side... This weekly close is gonna be crucial to the momentum of #IOST.
Comment:
Trade progressing nicely, stop-loss moved to profit. We managed to close the weekly above a significant resistance around 230sats. Next resistance around 320-350. Break that and pretty much there is empty space until 500 sats. For now we are in profit and stop-loss moved to 240 ensures we will exit this trade with at least 20% profit from the original call around 205-210