🚨 $IOTA Under Pressure: Short Liquidation Alert! 💥
A $5.4408K short liquidation just occurred at $0.4898, showing a surge in volatility for IOTA! This is a key moment where the market could swing either way, creating golden opportunities for traders! 📉🔥
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🔮 What’s Next for $IOTA ?
The short liquidation suggests aggressive selling pressure is fading, and buyers might seize control. Here’s how you can plan your trade:
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🔥 Buy Zone:
$0.4700 to $0.4800
This area could act as a strong support. Watch closely for signs of reversal, like increased buying volume or bullish candles.
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🎯 Target Levels:
Target 1: $0.5000 (Immediate resistance; quick profit-taking)
Target 2: $0.5200 (Key breakout level with more upside potential)
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🛡️ Stop Loss:
$0.4650
Keep your stop below the support zone to limit risk if the downtrend continues.
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⚡ Trade with Confidence!
This is no ordinary moment—it’s a turning point. Will buyers overpower the bears, or will the sellers push prices lower? Follow the trend, confirm with indicators (like RSI and MACD), and trade smart.
👉 Pro Tip: Look for a bullish engulfing pattern near the buy zone for a strong confirmation to enter!
Let’s make IOTA’s next move your next profit! 🚀💎
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