$FIO
Indicates a rapid reversal in sell transactions.....
The stock price touched $FIO resistance level at $0.01319, and now shows signs of fading momentum with lower highs forming. The recent positive rise has halted, and sellers are starting to retreat.
Entry Price: $0.01298
Target 1 (TP1): $0.01275
Target 2 (TP2): $0.01260
Stop Loss: $0.01320
The order book shows increasing selling pressure. If the price fails to regain the level of $0.01300, a short correction is preferred. An ideal area for traders monitoring any rapid pullback.