$FIO
TECHNICAL ANALYSIS โ CONSOLIDATION BEFORE POTENTIAL MOVE ๐๐
$FIO is currently trading at $0.01448, slightly down by 0.28%, showing signs of tight consolidation near support at $0.01420. Resistance sits around $0.01520, with price struggling to gain upward momentum. If bulls hold above $0.01400, a breakout toward $0.01500โ$0.01520 is possible. However, a drop below $0.01400 may invite further downside toward $0.01380.
Trade Setup:
๐น Long Entry: $0.01420 โ $0.01440
๐ฏ Targets: $0.01480 / $0.01520
๐ Stop Loss: $0.01390
Risk Management: Use proper position sizing and don't risk more than 2% per trade.
