🚀 IO (
$IO ) Showing Strong Bullish Momentum – Breakout in Play!
IO (
$IO ) is currently trading around $0.181, posting a solid +11.7% daily gain 📈. Price has expanded strongly from the $0.159 intraday low to a 24H high near $0.183, backed by a clear volume expansion, confirming aggressive buyer interest.
📊 Technical Analysis:
Resistance Levels:
$0.183 – $0.185 → Immediate resistance; a clean break can trigger continuation.
$0.190 → Next upside zone; acceptance above opens momentum.
$0.200 → Major psychological resistance and bullish extension target.
Support Levels:
$0.175 – $0.170 → First support area; pullbacks into this zone can stay healthy.
$0.159 → Strong intraday base; loss of this may weaken short-term structure.
📈 Indicators:
Trend: Clear bullish breakout on the 1H timeframe with strong impulse candles.
Volume: Rising volume (≈ 21.5M IO in 24H) validating breakout strength.
Momentum: Bulls firmly in control; current pause looks like continuation, not exhaustion.
🎯 Bullish Targets:
🚀 $0.185 – Breakout confirmation
🚀 $0.190 – Momentum continuation
🚀 $0.200 – Extended bullish objective
🛑 Stop Loss:
🚨 $0.172 – $0.170 to protect against a failed breakout.
🔥 IO is breaking out with volume support—watch for acceptance above $0.185 for the next leg higher!
Trade
#IO here
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