$IO
/USDT Technical Analysis & Trade Signal๐ฅ๐ฏ
Current Price: $3.03
Momentum: Bullish (+4.01%, strong recovery from $2.811 low)
Indicators
1. Trend Direction: Uptrend (Price approaching 24h high $3.062)
2. RSI: Neutral-Bullish (~60; trending upward)
3. Moving Averages (MA): Price above 20-period MA, signaling short-term bullish momentum.
4. Volume: Rising volume confirms strong buying interest.
Trade Signal
Position: Long (Buy on dips)
Stop Loss: $2.90 (below strong support level at $2.983)
Targets ๐ฏ:
1. Target 1 (Short-term): $3.10
2. Target 2 (Mid-term): $3.25
3. Target 3 (Aggressive): $3.50
Caution: If price drops below $2.983 with high volume, momentum might turn bearish. Trade with proper risk management.