🚨 $IO Short Liquidation Alert! 🚨
💥 Liquidation Value: $5,818K at $2.90292!
The short positions on IO are getting liquidated at $2.90292, signaling a possible surge ahead! This is a big opportunity for traders looking to catch the next move. Here’s everything you need to know:
🔑 Buy Zone:
Aim to enter between $2.85 and $2.90.
This level could offer solid support after the liquidation, setting the stage for a bounce.
🎯 Target:
$3.10 – First target to watch as the price starts to climb.
If momentum picks up, we could see $3.30 as the next big level.
🚫 Stop Loss:
Place your stop loss around $2.75 to limit your risk in case the market shifts.
It’s important to protect your trade, especially with high volatility!
⚡ Key Insight:
Liquidations like this often spark an aggressive move in the opposite direction. With IO seeing this pressure, it could trigger a strong rise in price.
💡 Pro Tip:
Crypto moves fast, so keep a close eye on price action. Manage your trade wisely and use proper risk management. Never invest more than you can afford to lose.
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