$IO /USDT has had a tough session, dropping around 8.4% on the day. The price peaked at 1.165 before going on a steady decline. It finally found some support at 1.062, which could be a short-term bottom.
Right now, the price has started to stabilize around 1.086, showing small signs of recovery with a few green candles forming. This suggests some buyers are stepping in, but momentum still feels weak overall.
If $IO can hold above this 1.08 zone and push higher, it may retest resistance near 1.10–1.11. On the flip side, if it breaks back below 1.062, that could open the door for further downside.
It’s a “wait and watch” moment — not much volume behind the move yet, so bulls need to step up soon for a stronger reversal.
