$IO /USDC – STRONG BOUNCE FROM SUPPORT AT $0.695
HOLDING ABOVE EMA(99) WITH RECOVERY POTENTIAL
WATCHING FOR BREAK ABOVE $0.708 FOR BULLISH CONFIRMATION
$IO dipped to $0.695 and sharply rebounded, respecting the EMA(99) support at $0.689. Price is now reclaiming short-term EMAs, and a break above the 25 EMA ($0.708) could spark bullish continuation.
🟢 Long Setup
Entry: $0.702 – $0.706
Take Profit: $0.723
Stop Loss: $0.691
Market Outlook:
With a clear bounce off major support and growing upside momentum, $IO may retest the $0.726 high if it clears near-term resistance.
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