$IO Trading Opportunity Alert!
Technical Setup: $IO is breaking out of a bullish ascending triangle on the 4H chart, signaling strong upward momentum. Current price around $0.65, backed by a 24H volume spike (+85% to $320M). RSI at 62 shows bullish momentum without overbought conditions, and MACD confirms with a bullish crossover.
Entry Zone: $0.63–$0.66 for optimal risk-reward.
Stop Loss: $0.58 to guard against pullbacks.
Targets:
TP1: $0.87 (+33%)
TP2: $1.14 (+75%)
TP3: $1.50 (+130%)
Why $IO?
Recent posts on X highlight $IO’s potential as the largest decentralized AI computing network with minimal inflation until July 2025. Partnerships with Solana, Render, and Aptos, plus a $12M TNE milestone, fuel its fundamentals. High volatility offers big upside
Strategy: Enter on a retest of $0.63 support with volume confirmation. Take partial profits at TP1, trail stops for TP2/TP3 if momentum holds. Stay cautious of crypto market swings—use tight risk management.
Trade smart, traders! DYOR and seize this opportunity!
