$IO cooling off after the run-up — what's next?
$IO made a strong move to $0.9939, but it's been drifting sideways ever since. Now sitting at $0.9180, hugging that short-term support.
The 7 and 25 MAs are starting to flatten out — kinda feels like IO’s waiting for the next catalyst. Big support lurking near the $0.90 zone. If that holds, we might see another leg up.
Still bullish long-term, but short-term vibes are neutral.
You holding, trading, or just watching?