$FIO Attempting Stabilization After Sharp Drop
FIO Protocol is trading at 0.01772, recovering slightly after a steep daily decline. Price is consolidating just below a key resistance, and the next breakout or breakdown will guide short-term direction.
Key Levels to Watch
• Resistance: 0.01800 – A breakout above this could push price toward 0.01850 and 0.01900.
• Support: 0.01750 – Losing this level may trigger a move toward 0.01720 and 0.01680.
Trade Setup – Caution in Volatile Conditions
• Bullish Entry: A confirmed move above 0.01800 could target:
• TP1: 0.01850
• TP2: 0.01900
• Bearish Entry: A break below 0.01750 could target:
• TP1: 0.01720
• TP2: 0.01680
Given the heavy earlier sell-off, watch for volume spikes to confirm if this is a reversal or just a relief bounce.