$FIO /USDT Trade Setup

FIO is at a major decision point. After bouncing from a low of 0.01781, FIO is now attempting to establish the upper range near 0.0190 a zone in which bulls or bears can establish control in this area.

It has the potential to breakout above 0.01905-0.01920 with above-average volume will establish fresh upside momentum, if rejected it could result in a test of the next support and or higher timeframe candle rejection.

Trade Setup

Current Price: 0.01895

Entry: Wait for confirmation break and close above 0.01905-0.01920

Target 1: 0.01980

Target 2: 0.02050

Stop Loss: 0.01830

We are starting to see some momentum build wait until we see a clean breakout before taking a position, this could establish the next leg in FIO...