$FIO /USDT Trading Signal Alert 馃搳
Time Frame: 15m Chart
Current Price: $0.04708
Price Action: The chart shows a sharp decline of -22.77%, with price bouncing off a low of $0.04331 and peaking briefly at $0.05046 before retracing lower. Currently, the price shows signs of forming short-term support.
Key Levels:
Support: $0.04331
Resistance: $0.05046
Trade Setup:
Entry: Around $0.04700 - $0.04750
Take-Profit Targets:
1. $0.04850 (Short-term resistance)
2. $0.05000 (Psychological resistance)
3. $0.05200 (Next target if momentum builds)
Stop Loss: $0.04450 (Below recent support)
Caution: Watch for a breakout above $0.04850 for upward momentum or a close below $0.04331 for further downside risk. Monitor RSI (currently at 30) for oversold signals indicating possible reversals.
