🔥 IO/USDT: Equilibrium point before movement 📊
Brief:
IO/USDT is consolidating on the 1H after a decline. The price is squeezed between the EMA and is forming a base for recovery. Oscillators indicate a possible rebound — the market is preparing to choose a direction, with a priority on long positions.
🚨Indicators (briefly):
Price: 0.169 (+1.20%)
EMA 21 / 50 / 99: 0.170 / 0.169 / 0.172 — price in the balance zone
RSI (14): 49.4 — neutral
MACD: near zero — momentum is accumulating
Stoch RSI: 3.4 — deep oversold ⚠️
💰Trading plan
Main scenario — LONG.
The price is held above local support 0.164, and the oversold condition on Stoch RSI increases the likelihood of a rebound.
🎯 Targets:
0.172 — +1.8%
0.179 — +5.9%
0.186 — +10.0%
📍 Entry points:
Conservatively: 0.170 — after confirming growth
Aggressively: 0.165 — rebound from support
⛔ Stop-loss:
0.162 — below the key zone, protection against false movements
📌Summary
IO/USDT is in the accumulation phase. If support is maintained, the growth scenario remains a priority, and a breakout at 0.172 could accelerate movement towards upper targets. We operate carefully, with risk control and entry confirmation.
Spot trading 👉$IO
Futures 👇
