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IOUSD

Will IOUSDT Turn Bullish or Head for a Deeper Drop?Yello, Paradisers! Is #IOUSDT on the verge of a breakout, or are we looking at another test of support? A critical decision point is fast approaching for this asset, and here's why it matters for traders. 💎Currently, #OUSDT is battling a descending resistance trendline. Right now, price is nearing a critical demand zone between $2.145 and $1.93—a key area that aligns with the 0.618 Fibonacci retracement level. If IOUSDT respects this demand zone and we see bullish candle rejections in this range, it could be the signal of a bullish continuation toward our next major resistance area. 💎On the flip side, there's a scenario to be cautious about. If IOUSDT fails to rebound from this demand zone and breaks down through this level, it could signal a false breakout. In this case, the highest probability would shift toward a downward movement, targeting the major support range between $1.50 and $1.31. 💎For IOUSDT to maintain a bullish outlook, it needs to reclaim and hold this demand zone. However, if price breaks below the major support and we see a daily close beneath this level, it would confirm a bearish trend, potentially setting the stage for further declines. Stay disciplined and follow these key levels closely. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
9
$IO - Supply shock comingIO (Io.net) throwing up a 25% in a day! GPU staking coins on Solana probably worth keeping an eye on. Over MIL:1M worth of IO tokens have been staked on Ionet’s staking platform, marking a key milestone in the platform’s growth. Supply shock of up to GETTEX:17M in buy pressure from validators from the recent gov proposal. However, price is now being rejected at 4-hour ema200, this is the first test thus a shallow pullback is expected. Would view the following levels as good area to bid or to go long: $1.85 - 0.618 fib level Conservative entry: $1.76 - 0.50 fib + high volume node (b
Long
by Tealstreet
IO still looks bearishWe have a pattern with price-time similarity that looks like a diametric. The length of each branch is between 22-23 days. We seem to be in wave C now. The vertical line is the minimum time that wave C should have. We are looking for sell/short positions in the supply range. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
IOUSDT - A Prime Opportunity for Long Term Gains.After a significant correction, IOUSDT is making efforts to reclaim its previous major support level. This is often a positive sign, indicating that the market may be stabilizing and setting the stage for a potential upward move. IOUSDT is part of a significant GPU project, which adds to its appeal and long-term potential.For those looking to invest, this could be an opportunity to buy IOUSDT and hold it for the long term. Given the project’s potential and current market conditions, long-term holding may yield substantial returns IOUSDT (1D Chart) Technical analysis IOUSDT (1D Chart) Currently trading at $3.4 Buy level: Above $3.5 (Buy after breakout) Stop loss: Below $3 TP1: $3.8 TP2: $4.3 TP3: $5.5 TP4: $6.5 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades