$IO /USDT has been on a strong bullish run recently, forming higher highs and higher lows. The price is currently trading near the 24-hour high of $3.449, indicating strong upward momentum. The Relative Strength Index (RSI) is currently at 72.092, suggesting the asset is overbought.
Current Price: $3.187
Entry Price: $3.215 (Buy)
Resistance Levels:
* $3.449 (24-hour high)
* $3.215 (Current price)
Support Levels:
* $3.131
* $2.963
Take-Profit Targets:
* T1: $3.215 (Entry price)
* T2: $3.449 (24-hour high)
* T3: $3.500 (Potential upside target)
Stop Loss: $2.963
Caution: The current price action suggests a potential pullback or consolidation phase. Traders should exercise caution and monitor the market for stability before entering long positions. Watch for a potential breakout above the $3.449 resistance level for further upside potential
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