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$IO is holding a solid bullish structure on the 1-hour chart — we saw about a 10% move higher today, and price is comfortably staying above the 7, 25, and 99-period MAs, keeping that overall trend bias firmly bullish. We're seeing those higher lows build after the rejection up at 0.170, which is a good sign of buyers stepping in on dips. Volume has cooled off a bit from the spike, but that's actually healthy here — it suggests controlled continuation rather than a blow-off top that's about to reverse hard.

For the long setup, the best risk-reward entry looks like catching a pullback into the 0.158–0.161 zone — that's where I'd feel good layering in with a nice cushion below current action. If momentum picks back up without waiting, you can enter on a clean 1-hour close above 0.170 to confirm the breakout and ride the next leg. Stop loss at 0.151 keeps things protected below the MA25 and that key structure support — a break there would tell us the buyers lost control quick.

Targets are set up in steps: lock in TP1 at 0.172 to grab some early profits and reduce exposure, then target 0.185 for the main chunk, and if the buying pressure ramps back up strong, let it stretch to 0.200 on that extension move. Risk management stays tight — max 1–2% of the account on this trade, no more. Once TP1 hits, slide the stop to entry to make the rest free. Watch closely: if a 1-hour candle closes below 0.156, exit early and don't hang on hoping.

Bias is bullish continuation for the time being, but I'm not chasing any highs here — patience is key. Avoid jumping into longs if we see another rejection at 0.170 backed by heavy selling volume; that would signal weakness and likely more downside pressure. Stay disciplined, wait for your spot, and let the price action confirm the move. This one's got room to run if the structure holds 🔥
#IO