$FIO Long Position Observation +101.33% – Violent Breakthrough of the Annual Line Followed by the Main Uptrend

Doubling in one day, trading volume surges. The price directly breaks through the annual line (EMA200) and moves away, with EMA(9/15/200) forming a standard bullish arrangement. This is a typical trend initiation signal.

Key Positions

· Support: 0.0145 - 0.0155 (breakthrough point and annual line)
· Resistance: 0.0175 / 0.0200

Trading Plan

· Entry: 0.0150 - 0.0160 region (pullback confirmation)
· Stop Loss: below 0.0135 (break below the annual line)
· Take Profit: 0.0170 / 0.0190

The volume is explosive, and there is a strong willingness for capital to enter. This kind of volume breakout at the annual line often isn't a one-day event. Waiting for a healthy pullback is an opportunity to get on the trend.

⚠️ Not financial advice. DYOR, the initial breakthrough has large fluctuations, control your position and wait for a pullback.
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