$IO /USDT — Short Setup
While many traders focus on local support levels, the 4H timeframe signals a continuation play aligned with the larger downtrend.
Trade Details:
• Entry Zone: 0.1158234 – 0.1161766
• Take Profit 1: 0.1133133
• Take Profit 2: 0.1115221
• Take Profit 3: 0.1088354
• Stop Loss: 0.1195823
Key Logic:
• Daily market structure remains bearish, positioning recent bounce attempts as short opportunities.
• 15m RSI hovering around 44.93 indicates lack of bullish momentum during local retests.
• Target 1 provides a ~3.9% movement toward the next immediate liquidity level.
• Tight invalidation above 0.1195823 keeps the risk parameters defined while tracking the overall regime.
$IO
While many traders focus on local support levels, the 4H timeframe signals a continuation play aligned with the larger downtrend.
Trade Details:
• Entry Zone: 0.1158234 – 0.1161766
• Take Profit 1: 0.1133133
• Take Profit 2: 0.1115221
• Take Profit 3: 0.1088354
• Stop Loss: 0.1195823
Key Logic:
• Daily market structure remains bearish, positioning recent bounce attempts as short opportunities.
• 15m RSI hovering around 44.93 indicates lack of bullish momentum during local retests.
• Target 1 provides a ~3.9% movement toward the next immediate liquidity level.
• Tight invalidation above 0.1195823 keeps the risk parameters defined while tracking the overall regime.
$IO