ALERT: $IOTX Just Crushed Shorts – Big Liquidation at $0.02021!
$3.79K Shorts Wiped Clean! Bulls Are Back in Control
What's Next? Full Technical Breakdown Below
Chart Pulse:
After the $3.79K short liquidation at $0.02021, $IOTX has shown strong buyer momentum. The price bounced sharply from this level, indicating liquidation-based accumulation and a possible bullish reversal brewing.
Buy Zone (Entry):
$0.01960 – $0.02010
> Ideal for re-entry on a small dip. Watch for strong volume confirmation.
Targets:
1. Target 1: $0.02110 – First breakout zone
2. Target 2: $0.02235 – Previous resistance
3. Target 3: $0.02400 – Psychological breakout level
Stop-Loss:
$0.01885 (Below key support, invalidates the bullish setup)
Technical View:
RSI turning bullish from oversold region
Shorts trapped at $0.02021 = potential short squeeze ahead
Volume spike confirms buyer interest
200 EMA test ahead – prepare for strong volatility
Sentiment:
> “The bears blinked first – $IOTX just flipped the script.”
If price holds above $0.02021, we might see a squeeze rally toward $0.022+ in the coming sessions. Be alert – volume and timing are key.