IAM in 60%- 🥺

$FORM Short Liquidation Alert
Around $2.05K in short positions were liquidated at $1.29729, hinting at trapped sellers and a potential shift in momentum.

Key Levels to Watch:
• Support Range: $1.282 – $1.288
• Resistance Band: $1.310 – $1.325

Market Insight:
The liquidation shows shorts being squeezed, which could fuel upside if buying strength continues. Holding above $1.288 may set the stage for a move toward $1.325. A dip under $1.282, however, risks a retracement toward $1.265.

Trade Plan:
• Entry (Buy): $1.288 – $1.293
• Target 1: $1.310
• Target 2: $1.322
• Stop-Loss: Below $1.280

Next Move: Watch for continuation above $1.310 — breaking that barrier could trigger further momentum toward the mid-$1.30s.


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