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Trading Plan Long $IO
$IO sweeping lows and holding demand into oversold conditions.
Entry: $0.1585-$0.1605
Stoploss: $0.1470
Targets: $0.1690 / $0.1770 / $0.1900
Price flushed below value and attracted heavy selling into support. Sellers pushed aggressively but failed to extend the move. OI dropped sharply during the decline and cleared weak positions. Liquidity rests above nearby supply. A relief squeeze can develop from current levels.
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