Listen everyone, this move on the chart stands out because the momentum flipped aggressively after holding the lower range, and buyers pushed $IO all the way toward 0.192 with strong force.
Now even though we’re seeing a pullback, the price is still sitting above its breakout levels, which shows that the bullish structure is still alive.
This kind of controlled dip after a sharp breakout usually means the market is resetting for another attempt upward. As long as the 0.175–0.178 zone remains protected, IO can easily aim again for the recent highs around 0.190+. I’m watching this level closely for continuation strength.
Entry Point: 0.1760 – 0.1785
Take Profit: 0.1865 – 0.1920
Stop Loss: 0.1720

IO
0.167
+1.21%
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