$IO the move extended without volume fading immediately.

activity may be higher than the chart suggests, with $11.0M volume accompanying the +15.3% price move to $0.1595.

in typical market behavior, a significant price move is often followed by a decrease in volume if the trend is running out of steam.

so far, volume stayed elevated after the move, indicating continued interest.

this behavior appears different from a standard price spike followed by a quick loss of momentum.

the market is reacting to various news, including the recent decrypt article about bitcoin's bear market and cointelegraph's piece on the mica architect's comments.

momentum looks active for now.

monitoring $IO.