$IO /USDT – Short-Term Pullback Short Trade Setup
IO has shown a strong intraday rise but is now displaying signs of exhaustion near the $0.76 zone with declining momentum. The current lower high structure supports a short setup targeting a retracement.
Entry Price: $0.728
Target 1: $0.710
Target 2: $0.690
Target 3: $0.672
Stop Loss: $0.750
Risk Management:
This setup should be approached with discipline—do not chase if price spikes above $0.74 without confirmation. Use a tight stop loss and proper position sizing to manage risk, especially with high volatility.
Pro Tip for Followers:
Trade the trend, not emotions. Since IO has dropped over 80% in the past year, short setups tend to yield better outcomes unless a clear bullish reversal forms. Watch volume and candlestick confirmation before entering.