$IO /USDC STABILIZING AFTER STEEP DROP FROM $0.727
SHORT-TERM BASE FORMING NEAR $0.679
NEEDS BREAKOUT ABOVE $0.705 FOR CONFIRMATION
$IO has shown signs of stabilization after falling from the $0.727 level. The price is now holding above $0.697 on the 15-min chart, showing minor bullish attempts but facing resistance around $0.705.
š¢ LONG TRADE SETUP
Entry Zone: $0.695 ā $0.699
Take Profit (TP): $0.710 / $0.720
Stop Loss (SL): $0.678
Market Outlook: A breakout above $0.705 backed by volume could mark the beginning of a recovery move. Price structure suggests accumulation near lows.
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