On the chart, $IO
USDT has been in a clear downtrend for a while, but the recent price action shows signs of exhaustion from sellers. After printing a strong base near the 0.145 support area, price reacted sharply upward, indicating demand stepping in at discounted levels. This bounce from support suggests that bearish momentum is slowing down, and the market is attempting a short-term trend shift. As long as price holds above the 0.145–0.150 zone, the structure supports further upside continuation toward the next resistance.
From a long-trade perspective, the current move looks like a corrective reversal from a demand zone rather than a random spike. Sustained acceptance above 0.155 can open the path toward 0.175 and then 0.190, where previous selling pressure exists. Buyers appear to be regaining control, and any consolidation above the current level would strengthen the bullish case for continuation.
From a short-trade perspective, sellers are still relevant if price fails to hold above 0.150 and gets rejected near 0.170–0.180. A breakdown back below 0.145 would