$FIO – Decision Point Ahead
The price of FIO has been moving in a tight range, showing signs of both resilience and hesitation. After bouncing from the 0.01781 low, it’s now pressing closer to the upper levels around 0.0190. This zone is where the market decides its next move.
If the price breaks and holds above this area, it could open the door for bulls to step in with stronger momentum. On the other hand, failure to clear resistance may push it back to retest lower supports.
Traders should watch closely for confirmation before entering a position. A clean breakout with volume could be the trigger for the next leg higher.
Trade Setup
Current Price: 0.01895
Entry Zone: Above 0.01905 – 0.01920 (after breakout confirmation)
Target 1: 0.01980
Target 2: 0.02050
Stop Loss: 0.01830
This setup is balanced with a clear risk-to-reward ratio. A breakout here decides the next chapter for FIO.