$IO – STRONG BULLISH BREAKOUT, LONG SETUP ACTIVE
$IO has surged from the $0.587 low, breaking multiple resistance levels to hit $0.698, marking a solid +12% move. The breakout is backed by strong volume, and price is now consolidating slightly below the high, suggesting bulls are in control. A push above $0.698 could open the way for further gains.
Long Entry Zone: $0.690 – $0.695
Stop Loss: Below $0.678
Targets:
TP1: $0.698 (recent high)
TP2: $0.710
TP3: $0.725 if momentum continues
A strong close above $0.698 will confirm bullish continuation toward higher resistance levels.