Here’s a technical breakdown of $IO /USDT based on your latest data:
Price Overview
Current Price: $1.036
24h Change: +10.33% – Bullish
24h High / Low: $1.046 / $0.922
24h Volume:
IO: 7.90M
USDT: 7.75M
Key Technical Levels
Resistance:
$1.046 – 24h high
$1.045 – Immediate resistance
Support:
$1.020 – MA60
$1.005 / $0.994 – Key short-term support levels
$0.922 – Strong daily low, major support
Moving Averages
MA(5): 22,732.01
MA(10): 19,188.28
MA60: $1.020 — IO is trading above all key moving averages, a strong bullish indicator.
Volume Profile
Recent Volume (16,035) is slightly lower than short-term MA averages, suggesting momentum might be cooling slightly.
However, strong 24h volume still supports buyer interest.
Outlook
Bullish Bias: Above $1.020, with a potential breakout target to $1.06–$1.10 if $1.046 is breached.
Bearish Risk: Below $1.020 may signal a pullback toward $0.99–$0.95 zone.
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