How long #IO will go in the downward trend?

I have said it in my last posts that #Io is overvalued and overpriced, the whales has manipulated you to buy the token at the overpriced level. Expect the price of IO to drop further to between 3.0 - 3.5 if this downward trend and selling pressure continues

The current price of IO/USDT is $4.4143, having decreased by 18.57% in the past 24 hours. The recent trend shows a strong downward movement.

Will it go down more?

While it is difficult to predict market movements with certainty:

The continuation of the downtrend might be expected if the price stays below the moving averages.

A possible short-term reversal could happen if the price hits the oversold conditions on the Stochastic RSI and finds support near the recent lows.

It would be prudent to monitor the price action around the $4.3690 support level and watch for any signs of reversal or continuation patterns.

Note: Do your own research

What do you think about #Io bearish sentiment?