Analysis Report: $IO /USDT

The IO/USDT chart on Binance shows strong bullish momentum, with price moving within a clear ascending channel. Current price stands at $2.086.

Key Levels:

• Long Entry: $2.10 (on breakout above upper trendline)

• Short Entry: $2.05 (on breakdown below channel support)

Stop-Loss:

• Long: $2.05

• Short: $2.15

Trend bias remains bullish unless the price breaches the lower channel line. Targets for continuation upwards are $2.15 and $2.20. Keep an eye on volume for confirmation.

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