$IO's price has risen 4.56% in the last 24 hours, currently testing the upper Bollinger Band at 1.04. This proximity suggests a potential overextension, signaling cautious re-entry. Key support lies at 0.963, while resistance is firmly at 1.046. Given the current volatility is expanding, it may indicate upcoming price swings. Traders should consider a stop-loss slightly below support at 0.960. Recommended action: set alerts for a breakout above 1.046 or a bounce off 0.963 to strategize entry points.

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