$IO /USDT Trade Analysis

Current Price: $3.473

Resistance Levels:

$3.55

$3.65

Support Levels:

$3.40

$3.30

Analysis:

IO has demonstrated a strong upward movement with a 20.67% gain in the last 24 hours, reaching a high of $3.559. It is currently consolidating around $3.473. A breakout above $3.55 could propel the price towards $3.65, while a drop below $3.40 may result in a pullback to $3.30.

Trade Setup:

Long Entry: $3.48

Target 1: $3.55

Target 2: $3.65

Stop Loss: $3.40

Short Entry: $3.40

Target 1: $3.30

Target 2: $3.20

Stop Loss: $3.48

Monitor volume for confirmation of breakouts or breakdowns. Manage risks effectively in this volatile environment.

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