Massive Long Liquidation Spotted on $IO – Opportunity or Trap? #MarketPullback
Here's the full breakdown for smart entries:
Buy Zone:
$0.981 – $1.010
(Buy on dips, but wait for confirmation candle above $1.005 for safer entry.)
Short-Term Targets:
Target 1: $1.045 – mild resistance, take partials
Target 2: $1.089 – strong liquidity grab zone
Target 3: $1.137 – where short-sellers might get hunted!
Stop Loss:
$0.957 (below recent structure; if this breaks, bulls are in danger)
$7.99K worth of Longs just got wiped out at $1.004 – blood on the charts! When weak hands panic, smart money starts loading. Is this the calm before a bullish storm?
Risk-to-Reward:
Solid 1:3+ potential with careful entry.
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