$IO /USDT BULLISH BREAKOUT ZONE IN PLAY 🚀📊 | TECHNICAL ANALYSIS
$IO /USDT is gaining strong bullish traction with a +7.25% move, currently trading at $0.710. With price riding above all key moving averages and approaching resistance, the setup screams potential breakout! 🔥📈
🔑 KEY LEVELS:
Resistance:
🔺 $0.717 (24h High – Immediate Breakout)
🔺 $0.720 (Overhead Resistance)
🔺 $0.740 (Extension Target)
Support:
🟢 $0.708 (MA-7 Support)
🟢 $0.705 (MA-25 Confluence)
🟢 $0.681 (MA-99 Strong Support)
🟢 $0.656 (24h Low – Structure Base)
📊 TRADE SETUP – LONG POSITION:
💼 Entry Zone: $0.705 – $0.710 (Buy on breakout or pullback support)
🎯 Targets (TP):
TP1: $0.717
TP2: $0.720
TP3: $0.740
🛡️ Stop Loss (SL): $0.683 (Below MA cluster and prior support)
💡 RISK MANAGEMENT:
📉 Limit exposure to 1-2% risk per trade. Use fixed SL, trail profits at targets, and avoid emotional trading in high volatility zones. 🧠✅
#IO #AltcoinSetup #CryptoTrading #BreakoutAlert #BullishMomentum #BombieBinanceTGE #BinanceAlphaAlert #IsraelIranConflict #Write2Earn $IO