$IO Short Liquidation Alert: $10.6K at $3.56618

What Happened?

IO experienced a short liquidation worth $10.6K at $3.56618,

forcing bearish traders to close their positions and driving the price higher due to added buying pressure.

Key Insights:

1. Short Squeeze: The liquidation caused a spike in demand, fueling bullish momentum.

2. Market Strength: This highlights buyer dominance, with a potential continuation of upward movement.

What’s Next for IO?

1. If Uptrend Continues:

Resistance lies at $3.75.

Breaking this level could target $4.00 or higher.

2. If IO Pulls Back:

Support zones to watch: $3.50 and $3.40.

Holding above $3.40 keeps the bullish trend intact.

Pro Tips:

Monitor volume surges to confirm sustained momentum.

Avoid chasing the price—wait for a pullback or breakout confirmation.

Use tight stop-loss orders to protect against reversals.

IO’s short squeeze shows strong bullish potential—trade smart and stay alert!

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