🔴 $IO

UPDATE 🔴

🔵 Current Price: The asset is trading at $2.3, positioned within an ascending channel which typically indicates a positive trend.

🟢 Volume & RSI: There’s high trading volume, paired with a neutral Relative Strength Index (RSI) of 51.59, suggesting balanced buying and selling pressures.

🟠 Resistance & Support: The immediate resistance is at $2.58, while the primary support lies at $1.99. A secondary support level is at $1.95, providing another potential floor for price dips.

🔴 Market Outlook: A push above $2.42 could confirm a bullish trend, whereas a fall below $2 might indicate a bearish turn. These levels are critical for traders to watch, as they could determine the asset’s short-term direction.

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