$IO /USDT has been consolidating within a range for the past few hours. The price is currently at $3.006 and has shown a slight uptick of +0.91% in the last hour. This suggests potential bullish momentum, but traders should remain cautious as the pair is still within a consolidation range.

Entry:

Consider entering long positions at $3.006.

Resistance & Support:

* Resistance: $3.200 and $3.400

* Support: $2.800 and $2.600

Take-Profit Targets:

* Target 1: $3.200

* Target 2: $3.400

* Target 3: $3.600

Stop-Loss:

Set a stop-loss at $2.800 to protect your position from potential downside movement.

Caution:

* Traders should be aware that the pair is still within a consolidation range.

* Monitor the price action closely for any signs of a breakout or breakdown.

* Use proper risk management techniques and only trade with capital you can afford to lose.

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