🚨 $FIO Ready to Drop? 📉

Entry: 0.01210 – 0.01225

TP1: 0.01180

TP2: 0.01150

Invalidation: Above 0.01240

$FIO is showing signs of exhaustion after a quick pump. Price hit strong resistance between 0.01220 and 0.01240 and was immediately rejected – sellers are defending this zone fiercely. 🐻 While the short-term trend is bullish, this rejection suggests a pullback is likely.

Watch for a retrace towards the 0.01160 – 0.01140 support zone. A break below 0.01140 could send it lower towards 0.01110. Conservative traders should wait for confirmation at support before considering a long position. Don't chase entries! Patience is crucial here. 🔑

#FIO #CryptoTrading #TechnicalAnalysis #Scalp 🚀

FIOUSDT

Perp

0.01175

+3.25%