Technical Analysis: $IO
/USDT Pair – Key Price Targets 🎯
The IO/USDT pair is showing strong momentum, with a current price of $2.976, reflecting an 8.30% increase. Let’s break down the key levels to watch:
1. Target 1: $3.000 🎯
The $3.000 level is a significant resistance point. A successful breakout above this level could push the price toward new highs.
2. Target 2: $3.050 🎯
A slight extension beyond $3.000 could lead to the next resistance at $3.050. Watch for any upward momentum as it could signal further bullish strength.
3. Target 3: $2.850 🎯
On the downside, $2.850 serves as a solid support level. A drop below this could signal a potential retracement, offering a buying opportunity for those looking for lower entry points.
📊 Market Overview
24h High: $3.011
24h Low: $2.705
24h Volume: $20.23M
Stay updated on the price action and adjust your trades accordingly. Remember, always conduct your own research and use risk management strategies.
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