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$IOST — Bulls are stepping into a critical battlefield.
Price has been bleeding inside a clear downtrend, but now it’s pressing directly into the $0.00107 – $0.00118 demand zone — a level where buyers historically defend hard.
This is where momentum can flip.
Demand Zone Test: Buyers are starting to react around this range. Strong bids here could slow the downtrend.
Trendline Pressure: Price is also squeezing against the descending trendline, creating a classic breakout setup.
Break = Relief Rally: If bulls push through the trendline, I’m watching a quick move toward $0.00160 resistance.
Failure Risk: Lose this demand zone and the market could open the door for fresh lows.
Right now the chart is screaming decision time.
I'm watching this level closely — because when pressure builds this tight, the move that follows is usually explosive.