$IO Signal】Extreme overbought, short position setup at high levels


$IO 1H RSI 97.76, buying momentum shows a gap. 4H MACD bars begin to contract, funding rate -0.1810% deep negative, but OI remains stable, bulls and bears are in fierce competition.

🎯Direction: Short

⚡Entry/Order: 0.2125

🛑Stop loss: 0.1257

🚀Target 1: 0.1575

🚀Target 2: 0.1681

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

The risk of a death cross at high RSI levels increases, and although the negative funding rate supports the bulls, the price has deviated too far from the moving average, making short-term correction quite likely.

Check real-time market 👇 $IO
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