In the 4-hour time frame, $IO is currently in a consolidation phase.
🔵 Key Levels:
Support: IO is currently holding support at $3.37. However, it appears that IO might soon break this support level. If it does, the next support level to watch could be between $2.56 and $3.00.Resistance: The resistance level for IO stands at $4.15. A break above this level could indicate a potential upward movement.
🔵 Market Trend:
At present, IO isn’t showing a clear trend, neither upward nor downward, leading to some uncertainty in its future direction. Breaking either the support or resistance level will likely provide a clearer indication of IO’s direction.
