$IO /USDT BEARISH PULLBACK POSSIBLE ⚠️📉
Current Price: $0.740 🔻
24H High / Low: $0.768 / $0.670
24H Change: +3.79%
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📊 TECHNICAL ANALYSIS:
IO has shown a decent intraday recovery, but the broader structure remains bearish, with consistent lower highs and heavy resistance near the $0.76–$0.77 area. The price is now stalling below key resistance, hinting at a potential retracement if momentum fails.
🔹 Key Resistance Levels:
$0.768 – Immediate resistance 💢
$0.800 – Major rejection zone
🔹 Key Support Levels:
$0.720 – Soft support ⚠️
$0.670 – Breakdown zone 🧱
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🎯 TRADE SETUP – SHORT ENTRY
Entry Zone: $0.740 – $0.755 (near resistance)
Take Profit (TP):
TP1: $0.720
TP2: $0.670
Stop Loss (SL): $0.770
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📉 Bias: Bearish below $0.768
🔍 Confirmation: Rejection from $0.755–$0.760 with fading volume = short trigger ✅
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🛡️ RISK MANAGEMENT:
Risk 1–2% per trade only. Stick to SL to protect capital. Avoid revenge trading and keep emotions out. 🎯💼
#IOUSDT #BearishSetup #AltcoinAlert #CryptoTrading #RiskControl $IO