Hereโs a technical analysis for $IO /USDT (4H timeframe.
๐ IO/USDT โ 4H Summary
Open: 1.193
High: 1.207
Low: 1.168
Close: 1.181
Change: -1.01%
Current Trend: Minor pullback in a broader uptrend
Volume: Not shown (but important to watch for momentum confirmation)
๐งฎ Moving Averages (SMA)
SMAValueMarket SignalSMA 71.088Nearest dynamic support โ tested recentlySMA 251.053Mid-term trend confirmationSMA 990.863Long-term base โ bullish above this
โก๏ธ Price is above all key SMAs, indicating bullish structure remains intact despite small dip.
๐ฝ Key Support Zones
S1: 1.168 โ Recent low
S2: 1.088 โ SMA 7 (support from last retrace)
S3: 1.053 โ SMA 25, critical support zone
S4: 1.000 โ Round number psychological support
S5: 0.863 โ SMA 99 macro structure support
๐ผ Key Resistance Levels
R1: 1.207 โ Local high (breakout trigger)
R2: 1.250 โ Short-term resistance
R3: 1.300 โ Round number + potential sell zone
R4: 1.350+ โ Extension targets on breakout
โ Trade Setup: Bullish Bias
Scenario 1: Breakout Trade
Entry: On break and close above 1.208
TP1: 1.250
TP2: 1.300
SL: Below 1.168 or more conservatively below 1.088
Scenario 2: Pullback Buy
Entry: 1.090โ1.100 zone (SMA 7 or previous consolidation)
TP1: 1.200
TP2: 1.250
SL: Below 1.053 (SMA 25)
โ ๏ธ Key Observations
Lower wick near 1.168 suggests buyers stepped in during the dip.
1.207 is a pivot โ watch for breakout or double-top rejection.
Structure remains bullish as long as 1.053 holds.
Would you like a simplified chart image with the zones marked or additional RSI/MACD insights to confirm trend strength?
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