🚀 IO/TRY Trading Analysis: Support, Resistance, and Entry Strategy

Current Price: 52.36 TRY

Previous Price: 54.84 TRY

1. Support Level (S): The current price near 52.36 TRY acts as a support level. Buyers are likely to step in here, preventing further decline.

2. Resistance Level (R)**: The previous high at 54.84 TRY serves as resistance. If IO/TRY breaks above this level, it could signal a bullish trend continuation.

3. Entry Strategy:

Buy Entry: Consider buying if IO/TRY bounces off the support (S) or breaks above the resistance (R).

Sell Entry: Look for selling opportunities if IO/TRY fails to break resistance or breaks below support.

:Remember to manage risk by setting stop-loss orders and adjusting your position size based on market volatility. Happy trading! đŸ“ˆđŸ”„

And also Feel free to ask If you need further details ,I will guide you properly â˜șïžđŸ€Œâ€ïžđŸš€#ionet #analyzes #bestcrypto2024 #Write2Earn! #Predictionexpert