$IO newly listed gem on all exchanges forming a falling wedge on lower time frame expecting a breakout in next couple of days
#IO might empower the decentralized GPU/AI narrative
but it's no match for the current #Bitcoin dominance and market conditions.
Traders are now taking profits, and the price of the coin is down -55% from its ATH.
The next potential major support is at the 61.8% Fibonacci level, between $2.5 and $2.6