$IO Silently setting up another push as support continues to be defended ๐
Long IO (10x) Trading Plan
๐Entry: 0.1240 โ 0.1265
SL: 0.1215
TP1: 0.1285
TP2: 0.1300
TP3: 0.1310
IO is showing very nice accumulation as the support zone around 0.1240 โ 0.1265 is continuously defended after each slight correction. The price hasn't broken below, and the volume is stable, a sign of silent preparation for another push to the upper zone.
The stop loss is placed at 0.1215, a fairly clean level, below the support zone. If this level is lost, the long scenario will be invalidated.
Step-by-step targets: 0.1285 โ 0.1300 โ 0.1310. Take profit levels are quite close (~1-2% per step), suitable for a long position but not overly ambitious.
The distance from entry to stop loss is quite close (~1.2-2.5%). Suitable for a long position based on shortterm momentum. Enter small positions and set stop losses correctly.
Support is being defended, will there be a quiet push? Have you entered yet? Comment to discuss! ๐
Long IO (10x) Trading Plan
๐Entry: 0.1240 โ 0.1265
SL: 0.1215
TP1: 0.1285
TP2: 0.1300
TP3: 0.1310
IO is showing very nice accumulation as the support zone around 0.1240 โ 0.1265 is continuously defended after each slight correction. The price hasn't broken below, and the volume is stable, a sign of silent preparation for another push to the upper zone.
The stop loss is placed at 0.1215, a fairly clean level, below the support zone. If this level is lost, the long scenario will be invalidated.
Step-by-step targets: 0.1285 โ 0.1300 โ 0.1310. Take profit levels are quite close (~1-2% per step), suitable for a long position but not overly ambitious.
The distance from entry to stop loss is quite close (~1.2-2.5%). Suitable for a long position based on shortterm momentum. Enter small positions and set stop losses correctly.
Support is being defended, will there be a quiet push? Have you entered yet? Comment to discuss! ๐