$IO
/USDT Trade Analysis
Current Price: $3.473
Resistance Levels:
$3.55
$3.65
Support Levels:
$3.40
$3.30
Analysis:
IO has shown a strong bullish move with a 20.67% increase in the last 24 hours, reaching a high of $3.559. It is currently consolidating around $3.473. A break above $3.55 could push the price towards $3.65, while a break below $3.40 could lead to a pullback to $3.30.
Trade Setup:
Long Entry: $3.48
Target 1: $3.55
Target 2: $3.65
Stop Loss: $3.40
Short Entry: $3.40
Target 1: $3.30
Target 2: $3.20
Stop Loss: $3.48
Watch volume to confirm breakouts or breakdowns. Manage risk effectively in this volatile environment.
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