The people who are trying to short $IO right now are just falling in trap , it has to come down bro but not at this point. the more you short #IO it will go more up just to grab your stop losses and liquadate you.
There is almost a 30:70 ratio between long and short.
meaning that 70% traders took short trades yesterday at $4.3 . and those 30% who longed it are happy now...
This is not a copy content , these are just my observation through trading volume and trading data available on binance about IO . I am not an expert.
