$IOTX Long Liquidation Alert
Price: $0.00302
Support:
• $0.00298
• $0.00292
• $0.00285
Resistance:
• $0.00306
• $0.00312
• $0.00320
Next Target: If $0.00298 breaks, $IOTX could decline toward the $0.00292–$0.00285 support zone.
Analysis:
A $2.6431K long liquidation indicates bullish positions were forced to close as selling pressure increased. Continued weakness below support may reinforce short-term bearish momentum.
Trading Plan:
Watch the $0.00298 support level. A confirmed breakdown may signal further downside, while a recovery above $0.00306 could indicate buyers are regaining momentum.
Risk: Medium
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