$IO Shorts Liquidated!
A $1.57K short position on $IO was liquidated at $3.19355, signaling a strong bullish move. This liquidation indicates that buyers have taken control, pushing prices higher and forcing shorts to cover their positions.
Key Insights:
Bullish Momentum: The short liquidation highlights strong buying pressure, suggesting further upside potential.
Resistance in Focus: Sustained momentum could drive $IO to challenge higher resistance levels.
IO Technical Snapshot:
Resistance Level: $3.30
Support Zone: $3.10
Momentum: Bullish, with potential for continued upward movement if volume persists
Will io maintain its bullish surge, or will sellers push back near resistance? Monitor price action and volume for the next move!