$IO is now +40% above its August price, and this morning it cleared $0.16 đ
IO is up +5.8% in 24h at $0.1634, though -2.7% on the week.
On Aug 18, $IO was around $0.1165. Now it's $0.1634.
đ What the chart shows
IO hit its 24h low of $0.1495 at 1:30 PM ET Monday, its lowest since Sunday. From there it climbed in small steps to $0.1581 by 12:45 AM ET. A 2 AM dip held at $0.1544. Then the 3:15 AM candle ran from $0.1588 to $0.1625, and at 4:30 AM IO tagged $0.1641, its highest since Oct 17.
đ Why it moved
The 3:15 AM ET breakout candle was the day's biggest on KuCoin (~$6.6K), and three of the top four volume candles came after 3 AM. KuCoin's IO book is small; CoinGecko lists ~$13M across exchanges.
đ§ Key levels
đą Support: $0.1611, then $0.1586, then $0.1544
đŽ Resistance: $0.1641 (24h high), then $0.1659 (Oct 16 high)
đ Clear $0.1659 and the Oct 11 spike high at $0.1988 is the bigger target.
đ» Lose $0.1586 and the 3:15 AM breakout is undone.
đșïž I'm waiting for more confirmation on these $IO levels before my next entry. If I get it, I'll share it in my TG first.
đ Don't chase a +6% candle blind. Know the levels first.
⥠Keep an eye on my TG.
https://t.me/+73pIdTuilisxMmY0
IO is up +5.8% in 24h at $0.1634, though -2.7% on the week.
On Aug 18, $IO was around $0.1165. Now it's $0.1634.
đ What the chart shows
IO hit its 24h low of $0.1495 at 1:30 PM ET Monday, its lowest since Sunday. From there it climbed in small steps to $0.1581 by 12:45 AM ET. A 2 AM dip held at $0.1544. Then the 3:15 AM candle ran from $0.1588 to $0.1625, and at 4:30 AM IO tagged $0.1641, its highest since Oct 17.
đ Why it moved
The 3:15 AM ET breakout candle was the day's biggest on KuCoin (~$6.6K), and three of the top four volume candles came after 3 AM. KuCoin's IO book is small; CoinGecko lists ~$13M across exchanges.
đ§ Key levels
đą Support: $0.1611, then $0.1586, then $0.1544
đŽ Resistance: $0.1641 (24h high), then $0.1659 (Oct 16 high)
đ Clear $0.1659 and the Oct 11 spike high at $0.1988 is the bigger target.
đ» Lose $0.1586 and the 3:15 AM breakout is undone.
đșïž I'm waiting for more confirmation on these $IO levels before my next entry. If I get it, I'll share it in my TG first.
đ Don't chase a +6% candle blind. Know the levels first.
⥠Keep an eye on my TG.
https://t.me/+73pIdTuilisxMmY0