$IO has knocked twice at 2.5 resistance, each knock after around 24h, but failed. The third knock (happening somewhere around 10-14 hrs from now) will be decisive.
My analysis says that the knocking pattern shows a breakout to its next major resistance level of 3.9-4.1. However, lots of energy would be consumed to get the push.
If the kick fails, the token will gain energy while sitting at 2.1-2.5 level for next several days.
So In a nutshell, it seems a roller coaster ride for IO until the next major breakout by end August.
DYOR
