$IOTX Short Liquidation Alert

A $5,120.5 short position in IOTX was liquidated at $0.04979.

This means the price rose, forcing the trader’s position to close. Here’s the full breakdown:

What Happened?

Short Liquidation: A short position bets the price will fall.

Instead, the price climbed to $0.04979, triggering the liquidation.

Market Movement: Bulls gained control, pushing prices higher.

What’s Next?

1. Bullish Signal:

The upward momentum suggests buyers are strong. Watch for further price increases.

2. Key Levels to Watch:

Resistance: $0.051 — If the price breaks this, it could rally further.

Support: $0.047 — If it dips, this level may hold.

3. Market Sentiment:

Increasing bullish activity could attract more buyers.

4. Trade Safely:

Avoid chasing the pump. Set clear targets and stop-loss levels.

Why It Matters?

Liquidations often cause volatility. IOTX is showing strength—this could be a turning point or a temporary spike. Stay alert!

#USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K #MicroStrategyVsNasdaq #RLUSDApprovalBoostXRP