🔍 $IO /USDT Technical Analysis – Reversal Brewing?
Current Price: $0.713 (+7.38%)
After bottoming out at $0.653, IO is gaining bullish traction. The price has reclaimed both the MA(7) and MA(25), and is now approaching key resistance at the MA(99) level of $0.769.
📊 Chart Insights:
Bullish structure forming with higher lows
Clean breakout from short-term downtrend
Strong 24h volume surge (5.59M IO traded)
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📈 Short-Term Trade Setup
Entry: $0.710–$0.715
TP1: $0.740
TP2: $0.765
SL: $0.685
🕰️ Swing Position Plan
Entry Zone: $0.695–$0.705 (on minor pullback)
TP1: $0.765
TP2: $0.800
SL: $0.665
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⚠️ Watchlist Reminder:
Breaking above MA(99) could open the path to retest the $0.84 region. However, rejection at the 0.76–0.77 area may trigger consolidation. Use tight stops and smart entries.
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