$IOTX Short Squeeze!
A $99.2K short position on IOTX has been liquidated at $0.0510, signaling strong bullish momentum in the market.
This significant liquidation reflects aggressive buying pressure, potentially fueled by positive sentiment or key developments driving demand for $IOTX .
Large short liquidations often spark intensified upward price action, as forced buybacks propel the price higher.
Traders should brace for heightened volatility, as this event could pave the way for further gains or quick profit-taking swings.
Is this the start of a sustained rally, or will the bulls face resistance ahead?
Keep watching IOTX for the next big move!