$IO /USDT — 15m
IO pushed into 0.152, then stalled and rotated back into tight balance around 0.149–0.150. That rejection wasn’t impulsive—price came back slowly, suggesting profit-taking, not aggressive distribution.
The key read here is acceptance near the 0.150 handle. Multiple candles are holding around this level, right on the short-term averages, which points to buyers still active, but momentum has cooled.
Defended support:
• 0.149–0.1485 — local demand / balance low
• 0.1475–0.1465 — deeper trend support if pressure increases
Resistance ahead:
• 0.1515–0.1520 — supply from the prior rejection
A clean reclaim and hold above 0.152 would signal momentum re-engagement and open the door for continuation.
Caution level:
• Sustained trade below 0.1485 would weaken structure and shift this into a broader consolidation rather than a quick continuation.
Bias: Neutral, leaning bullish while above support.
IO is digesting the prior push, not breaking down. As long as 0.148–0.149 holds, the structure favors range resolution higher, but it needs a decisive reclaim of 0.152 to wake momentum back up.
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