$IO IO Today's Market Analysis:
The current trend is clear, with bearish patterns observed on the 1-hour, 2-hour, and 4-hour levels. We focus on the key price area of 0.5619 for both bullish and bearish signals.
The upper points to watch are 0.5822\0.6075\0.6484. If the price does not break this bullish-bearish point on the upside, the bearish trend will continue.
Support below is at 0.5307\0.5137. Maintaining stability around these prices carries risks; if we break the resistance level, we will look for bullish opportunities. Protecting capital should always be the top priority; when trading contracts, focus on defense first, then on profit.
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