Technical Analysis: $IO /USDT

Price: $2.550

24h Change: +8.74%

24h High: $2.575

24h Low: $2.317

24h Volume (IO): 12.97M IO

24h Volume (USDT): $31.25M USDT

Moving Averages (MA):

- MA(7): $2.420

- MA(25): $2.392

- MA(99): $2.271

Key Insights:

- IO/USDT has surged by +8.74% in the last 24 hours, currently trading at $2.550.

- The coin reached a 24h high of $2.575 and a low of $2.317, showing significant price movement.

- Short-term moving averages (MA(7) and MA(25)) are above the current price, indicating strong bullish momentum.

- Long-term MA(99) provides support levels at $2.271, suggesting stability in the trend.

Market Depth:

- Bid: $2.592

- Ask: $2.575

Analysis:

IO/USDT exhibits a robust uptrend with notable trading volumes, reflecting positive market sentiment. Traders may observe the short-term MAs for potential continuation of the upward trend and consider support and resistance levels indicated by the market depth.

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