Here's a detailed analysis for the $IO

/USDT pair on Binance:

### Professional Analysis

#### Support and Resistance Levels

- **Support Level:** $1.602 (recent low)

- **Resistance Level:** $2.000 (recent high)

#### Entry Signal

- **Entry Point:** Enter a long position if the price breaks above $2.000 with strong volume.

#### Stop Loss and Take Profit Levels

- **Stop Loss:** $1.590 (just below the support level to minimize potential losses)

- **Take Profit:** $2.200 (a reasonable target above the resistance level)

### Summary

- **Current Price:** $1.731

- **Support Level:** $1.602

- **Resistance Level:** $2.000

- **Entry Point:** Above $2.000

- **Stop Loss:** $1.590

- **Take Profit:** $2.200

This analysis suggests an entry point above $2.000 with a stop loss at $1.590 and a take profit level at $2.200. 📈

Happy trading!

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