$IO IO/USDT ๐ Finding Stability After a Sharp Drop
๐ Current Price: $3.023 (-13.92%)
๐ฅ 24H High: $3.659
๐ 24H Low: $2.675
โก Resistance Zone: $3.10
๐ Support Level: $2.70
IO has faced significant selling pressure, dropping from $3.65 to a low of $2.675. However, signs of stabilization are visible as the price consolidates above the $3.00 mark. Buyers are cautiously stepping in, eyeing a potential reversal.
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Trading Strategy
1๏ธโฃ Watch for a Breakout: A strong move above $3.10 could push IO toward $3.30.
2๏ธโฃ Support Retest: If $3.00 fails, $2.70 is the next key support zone.
3๏ธโฃ Stop-Loss Recommendation: Set at $2.90 for risk management.
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๐ Volume Alert: High trading volume suggests market interest. Keep an eye on trends for short-term opportunities!
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