$IO /USDT Technical Analysis: Strong Bullish Momentum .. Bulls still are heavy here...

IO/USDT is currently trading at $3.550, with an impressive gain of +22.75% in the past 24 hours. The price has surged from a low of $2.857 to a high of $3.559, signaling strong bullish momentum backed by high trading volume.

Key Trade Setup:

Targets:

1. $3.620 (immediate short-term resistance)

2. $3.750 (next significant resistance level)

3. $3.900 (potential breakout target)

Stop-Loss: Set below $3.280 to minimize downside risk.

Market Insight:

The breakout above the $3.289 resistance level has fueled this upward rally, indicating a strong trend reversal. A continuation above $3.559 could pave the way for further gains, but traders should watch for a potential pullback if the price fails to sustain above $3.280. High volume reinforces the likelihood of continued bullish action. Stay alert for confirmation at the $3.620 level..