$IO IO Today's Market Analysis: From a short-term perspective, the 1-hour chart has shown a yellow signal, while the 2 and 4-hour charts clearly indicate a bullish trend.
Today's focus is on the price level near 0.5910.
The downward targets are sequentially set at approximately 0.5693, 0.5502, and 0.5135; for rebounds, the primary focus should be on the price range of 0.6165, 0.6311 up to 0.6723.
For spot trading, it is advisable to remain patient; those holding positions should adopt a conservative strategy and wait for the market trend to become clearer.
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