🚨 Big Move on $IO ! Short Liquidation Alert! 🔥
A hefty $6.2297K short liquidation just occurred at $2.86872, signaling that bulls are taking control and forcing shorts to exit. This could be the start of a major price action for $IO! Here's your detailed trading plan to capitalize on this momentum:
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Market Analysis
The short squeeze at $2.86872 shows intense buying pressure, indicating a potential rally ahead.
Bulls are looking to push prices higher, while bears scramble to regain control.
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Key Trade Levels to Watch
Buy Zone:
👉 $2.80 - $2.87
Look for a retracement or consolidation in this range to enter your position.
Targets:
🎯 Target 1: $3.00 (Immediate resistance level)
🎯 Target 2: $3.15 (Major breakout level)
Stop-Loss:
❌ Place your stop at $2.75 to protect against a sudden reversal.
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What’s Next for $IO?
If price holds above $2.87, expect a strong push toward $3.00 and possibly $3.15.
If it dips below $2.80, watch for a retest of $2.75 or lower support zones for re-entry.
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⚡ Pro Tip: $IO ’s volatility can create big opportunities but also big risks. Stick to your trading plan, and don’t chase impulsive moves. Manage your risk carefully to maximize rewards!
Get ready to ride the wave—$IO could be gearing up for a breakout! 🚀
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