Pair $IO /USDT - Selling Opportunity After Excessive Extension! 🔻
Current Price: $1.029 (+11.73%)
Pair $IO has risen from $0.895 to $1.062 in a vertical movement and now shows early weakness on the 30-month chart - a classic reversal pattern for short-term overbought conditions.
Sell Trade Setup:
Entry Zone: $1.035 - $1.045
Profit Target 1: $1.010
Profit Target 2: $0.985
Profit Target 3: $0.950
Stop Loss: $1.065
Resistance Levels:
$1.062 (Highest Price in 24 Hours)
$1.070 (Potential Wick Trap Area)
Support Areas:
$1.010 (Previous Consolidation)
$0.950 (Volume Base)
Market Overview:
Momentum is fading, and the last few candles show rejection at their highs with lower closes. The price is likely to revisit support with profit-taking in early buy trades.
Professional Tip:
Let the next rise towards the $1.04 - $1.05 level complete before entering. Use a tight stop loss due to high volatility!
Clear Reversal Sell Setup - Ideal for Day Traders!
IOUSDT
Perpetual
1.023
+11.05%
#انتعاش_السوق #رسوم_ترامب_الجمركية #شراء_سايلور_بيتكوين #مراقبة_الحوت_جيمس_وين #بيتكوين2025
