Trading Signal: $IO /USDT

📈 Overview

IO/USDT has shown significant bullish momentum, rallying by 31.11% in the past 24 hours. The current price is $4.450, with a strong breakout above recent resistance levels. The RSI (6) stands at 88.426, indicating overbought conditions, so traders should exercise caution.

Signal Details

Entry Price: $4.42 - $4.45

Support Levels:

$4.05 (Immediate)

$3.86 (Critical)

Resistance Levels:

$4.50 (Immediate)

$4.67 (24-hour high)

Targets:

1️⃣ Take Profit 1: $4.55

2️⃣ Take Profit 2: $4.63

3️⃣ Take Profit 3: $4.72

📉 Stop Loss: $4.25

Watch for RSI divergence as the market is overheated in the short term.

Look for a consolidation or a retest of the $4.42-$4.45 range to confirm stability before entering.

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