Really late in my country guys, its 2am. Anyway, I can't seem to sleep when I looked at this token. As requested, I will make a comment on IO/USDT.
At the moment IO is trading at 2.9 and the 6h KDJ oscillator is anticipating a bounce back to 3.15.
BUT sadly, This token is facing and will be facing lots of strong resistance. KDJ resistance are at 2.8, 3.1, 3.2, 3.9, and 4.5. Moreover, the same KDJ oscillator is also suggesting a slump back to 2.3.
I can see the token is recovering from a recent slump and is forming am Ascending channel (AC) on its way up. This is good since AC is the best resistance breaker, and IO has litterally lots of resistance to smash down. Yeah, this token has been through lots of major selling.
Anyhow, if you'd like to trade this token make an entry at 2.3 or Lower to be safe.
Oh if you've been reading my post for a while and has found it helpful, please follow me. I need 10k followers to be able to post a video. Some days my hand is numb, it's hard to type. 😅
By the way if youre still looking for a safe, low cap, x1000 token, checkout PITBULL.
