The market is showing signs of strength on FIO/USDT, and the bulls might just be getting started. After tapping the 0.618 Fibonacci retracement level around $0.0139, FIO bounced sharply, indicating strong underlying demand. Momentum indicators on both the daily and hourly timeframes are flipping bullish โ the setup looks primed for continuation.
๐ฏ Long Trade Setup (20x Leverage):
๐น Entry Zone: $0.0140 โ $0.0142
๐น Stop Loss: $0.0129
๐น Target Levels:
โข TP1: $0.0154
โข TP2: $0.0170
โข TP3: $0.0190
โข TP4: $0.0220
๐ With FIO currently trading near $0.01444 (+7.2%), the breakout potential is real if volume continues to pour in. This bounce could be the start of a larger move, especially if it clears the next resistance levels.
๐ Watch closely โ this may be the beginning of a strong leg up.
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