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3Check the payment details and fees.
4Store or use your IOTA in Binance.
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$IOTA Short Liquidation Alert.
Total Liquidation Value: $1.016K
Price of Liquidation: $0.3169
The IOTA market just saw a massive short squeeze with $1.016K in short liquidations triggered at $0.3166! This is a significant event in the market as traders who bet against the price of $IOTA are now facing the consequences of their positions being liquidated. The rapid price movement has been enough to shake out those who were anticipating a drop in IOTA's value.
What Caused the Liquidation.
The surge in IOTA's price could have been driven by a number of factors — from bullish market sentiment, potential positive news, or aggressive buying pressure that forced short positions to close rapidly.
Implication for Traders
For short sellers, this liquidation event serves as a powerful reminder of the risks involved in betting against a rising market. It’s a clear sign that market volatility can wipe out positions in an instant, especially when unexpected bullish moves come into play.
$IOTA 's Current Trend
This short squeeze could fuel more upward momentum for IOTA as it has shaken out the weaker short positions. The next few hours/days will be critical to see if IOTA continues to rise or if a pullback takes place. Traders, stay vigilant!
Stay tuned for more updates and watch out for the next big move.
#IOTA/USDT #MicroStrategyAcquiresBTC #BTCMove #AIAgentFrenzy #XRPRise
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PoW Powerhouses: Buy the Dip on ZEN, QKC, and IOTA
Don't miss out on the PoW powerhouses! $ZEN , $QKC , and $IOTA are all showing significant dips today, presenting a prime buying opportunity. These projects have strong fundamentals and active communities, making them solid long-term investments. Take advantage of the current market downturn and accumulate these undervalued gems. #ZEN #QKC #IOTA #POW #crypto #buythedip
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#USJobsSurge256K
✅Top Trending Coins for Today, January 12: GRS, HIVE, BGB, BOUNTY and IOTA❤️
Today, the cryptocurrency market is experiencing a significant upturn. As observed on the CoinMarketCap platform, the top four featured markets are showing notable recoveries and bullish momentum. Among them, the Groestlcoin (GRS) market, known for its focus on privacy, is leading the pack, followed closely by the Hive market. However, the IOTA market has been underperforming, remaining below the bullish threshold.
Let us now dive deeper into today’s market analysis, examining the implications of key indicators driving these movements.
$HIVE
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$IOTA
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Groestlcoin (GRS)
Major Bias: Bullish
Groestlcoin (GRS), a privacy-focused cryptocurrency, is leading the market today with an impressive 34.2% gain over the past 24 hours. The most recent trading session reflects a sharp upsurge in price, followed by significant profit-taking activity. Previously, the bearish resistance at the $0.60 price level posed a major obstacle. However, today’s bullish breakout has successfully breached this level.
The strong upward momentum has now turned the $0.60 resistance into a potential support level. Should the ongoing market correction bring prices back to this level, it is likely to serve as a solid foundation for renewed bullish activity. #ShareYourTrade