Technical analysis by unichartz about Symbol IOST: Buy recommendation (3/10/2025)

IOST/USDT 1W chart shows a strong bounce from the support zone, indicating potential bullish momentum. The price is currently approaching the falling resistance trendline, which has acted as a major barrier in previous attempts to rally. The Stoch RSI has formed a bullish crossover, signaling a possible trend reversal.However, a breakout above the descending resistance trendline is required to confirm further upside. If you missed the entry at the bottom, avoid emotional FOMO—wait for a confirmed breakout to capture the next leg up.