#IO $IO IO Today's Market In-depth Analysis:
Overview of Short-term Trading Strategies:
The current market situation clearly shows the strong dominance of the short side in the 1-hour, 2-hour and 4-hour time frames. The potential targets of the downward correction have been precisely locked in the three key price areas of 2.065, 2.021 and
1.979. If the market rebound fails to effectively break through the strong resistance level near 138.521, it is recommended that investors continue to adopt a short-selling strategy and seize the downward opportunity.
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Upper resistance zone prediction:
As for the rebound direction, the upper resistance level is set at three important price levels of 2.315, 2.513 and 2.576. Before the short position fails to stand firmly on these price levels, it is recommended that investors remain cautious when opening new short orders and pay close attention to market dynamics.
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