What about $IO ? Is $IO over valued?

The answer is because most of the coins are down so people are investing in this coin. They think it will go up but it will not.

I am planning short position from 5.6$ - 6.0$.

This coin is over valued yes it is. When most of the people are buying this coin will dump because its all liquidity game. And it will not go above 6.5$ and you will all see.

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