2026-01-08 06:22:41

IO current price is 0.1624, with a retracement of 4.58% since launch. The bearish trend is still ongoing. Currently, 80 candlesticks have been formed, and the market is testing downward along the dynamic trend line at 0.1630.

From a technical perspective, this trend line is both the current resistance level and a key reference for judging the subsequent direction. If the price cannot stabilize at this point during a rebound, consider shorting on rallies. Once a successful breakout upward occurs, be alert to reversal risks, especially if the price stabilizes above 0.1630.

The upward targets are sequentially 0.1670, 0.1730, and 0.1757. However, note that the MACD indicator has already shown a bullish crossover at a low level, indicating that short-term rebound momentum is strengthening. If holding a short position, be sure to closely monitor the trend line for defense to prevent reversal losses.

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Anon32942

· 01-11 05:59

0.1630 this level is really a bit annoying, feels like it's about to break through

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AirdropATM

· 01-11 03:42

0.163 is really a key level, are we going to be swept again?

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MidnightGenesis

· 01-08 06:51

80 candlesticks, MACD golden cross signal monitoring shows that short-term rebound momentum is strengthening, be cautious.

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FromMinerToFarmer

· 01-08 06:48

It's about to retest that line again. Can it hold this time? The MACD golden cross is a bit annoying; short positions need to add a stop loss. Is 0.1630 really that magical? Once broken, it's over? It's always like this during a rebound, with one trap after another. The short-term rebound momentum has picked up; be careful of being swept away.

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HorizonHunter

· 01-08 06:45

It's dropped again, and the 0.163 level still can't hold steady.

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SerLiquidated

· 01-08 06:31

0.1630 this threshold hasn't stabilized again, feels like I need to keep testing lower Almost got reversed again, that MACD golden cross is really annoying I'm holding a short position, just worried about breaking through the 0.1630 line, then it will explode This market is really unpredictable, 80 candlesticks and still no conclusion, who knows which way it will go The rebound was probably a trap to get me into the market, still need to see if 0.1757 can hold

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ZkSnarker

· 01-08 06:24

ngl the 0.1630 line is basically the whole thesis here... either it holds and we're shorting into oblivion, or it breaks and everyone gets liquidated. classic crypto moment tbh

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