$IOTA Update: A substantial long position worth $76,900 was liquidated at $0.278.
This indicates increasing selling pressure in the market.
Key Insight:
The liquidation reflects bearish momentum, which could push the price lower. However, watch for potential support around $0.270 to $0.265.
Next Move Plan:
Bearish Scenario: If selling continues, IOTA might retest the $0.265 level.
Bullish Possibility: A recovery above $0.280 could signal a bounce toward $0.290.
Keep a close eye on volume and market sentiment for clearer direction!
#DEXVolumeRecord #BTCBelow92K #BinanceAlphaAlert #SolvProtocolMegadrop
