Technical analysis by vf_investment about Symbol IOST: Buy recommendation (3/16/2025)

https://sahmeto.com/message/3349195

IOST in the low risk area

Buy

Price at Publish Time:

$0.0045145

Profit Target:

(+165.81%)$0.012

Stop Loss Price:

(-11.40%)$0.004

hi tradersIOST is inside the downsloping channel.It doesn't look bad where it's now.It's close to the bottom of the channel so it's in a low-risk area.Many will sell when it's time to buy.The macro down-trend is still intact and the top of the formation shown on the chart is the target for longs.Good luck

Source Message: TradingView