$IO /USDT BEARISH REVERSAL – SELL PRESSURE IS TAKING CONTROL!

The chart indicates a clear bearish momentum as the price failed to sustain above the recent resistance near 0.645 and is now heading downward. Sellers are stepping in after a rejection from the top, pushing the price below 0.626 support. With increasing red candles and lower highs forming, the next move looks bearish in the short term.

Trade Setup:

Entry (Short): 0.622 – 0.626

Target (TP): 0.610 / 0.600

Stop Loss (SL): 0.635

Market Outlook:

The pair is showing weakness after failing to break key resistance, suggesting sellers may continue to dominate in the short-term. If support at 0.600 fails, further downside can be expected, but a bounce is possible from this strong level.

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