#IO $IO IO market interpretation:

At the 1-hour level, the appearance of the purple signal point indicates the possibility of a pullback, while the 2/4-hour level clearly shows the stability of the bullish trend.

Our focus is on the 4-hour level of the long-short watershed, especially the movement near the key position of 3.579.

On the upside, the main pressure levels faced by the market are near the three prices of 3.488, 3.383 and 3.264. Once these prices are broken, new upward space may be opened.

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On the downside, the market's support level is firmly guarded near the three prices of 3.847, 4.011 and 4.161, which will be an important line of defense for bulls.

Given the rapid and volatile market fluctuations, investors are requested to pay close attention to the market to capture the best investment opportunities.

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