IO/USDT LONG TRADE SETUP!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
IO/USDT looks good here in a 2-hour time frame. Breaking out from the falling wedge-like structure in a 2-hour time frame. Long some here and add more in the dip.
Entry:- At CMP and add more up to $3.4
Targets:- $3.73/$4.23/$4.72/$5.14
SL:- $3.28
Lev:- Use low lev (Max 5x)
What are your thoughts on IO's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Iousdt
$IO Trade strategy.What is SEED_ALEXDRAYM_SHORTINTEREST2:IO ?
io.net is a decentralized AI computing & cloud platform. By aggregating GPU supply from underutilized sources, io.net creates a network that allows machine learning (ML) startups to access nearly unlimited computing power at a fraction of the cost of the traditional cloud.
There is not much to say because it was listed at Binance and launched on their launchpad the 11th of June.
This thing is moving like a Swiss clock. Not really affected by CRYPTOCAP:BTC mood.
Buy the bottom of the range, sell at the top.
Put the stop loss $0.1 below the bottom of the raising range. Move along the range and repeat.
Not a financial advice! DYOR
IOUSDT | Heading Lower Before the Big Pump?Market Context
IOUSDT just attempted a breakout, but I’m not buying it. Here's why:
Chart Analysis
Despite the recent breakout attempt, the volume isn't convincing. Without the necessary volume, this move seems weak and likely to reverse.
Strategy
I’m expecting IOUSDT to dip lower before it catches the wave with BTC's anticipated pump later this week. This could be a strategic opportunity to short now and buy back in at a lower price.
Stay tuned—this market move could be quite the rollercoaster!