🟢 $IOST : Short Squeeze Potential Is Back on the Radar!
A $2.0923K short liquidation at $0.00097 shows that some bearish positions were forced to close. If buying pressure continues, additional short covering could support an upward move.
📊 Support: $0.00095–$0.00097
🚧 Resistance: $0.00100–$0.00103
🎯 Target 1: $0.00100
🎯 Target 2: $0.00103
🎯 Target 3: $0.00108
🛑 Stop-loss: $0.00093
My view: A strong hold above $0.00097 followed by a breakout above $0.00100 could open the door to further upside. However, rejection near resistance may trigger a pullback toward support.
The key signal is a confirmed breakout with volume, not liquidation data alone.
#IOST #CryptoTrading #ShortSqueeze #Altcoins
A $2.0923K short liquidation at $0.00097 shows that some bearish positions were forced to close. If buying pressure continues, additional short covering could support an upward move.
📊 Support: $0.00095–$0.00097
🚧 Resistance: $0.00100–$0.00103
🎯 Target 1: $0.00100
🎯 Target 2: $0.00103
🎯 Target 3: $0.00108
🛑 Stop-loss: $0.00093
My view: A strong hold above $0.00097 followed by a breakout above $0.00100 could open the door to further upside. However, rejection near resistance may trigger a pullback toward support.
The key signal is a confirmed breakout with volume, not liquidation data alone.
#IOST #CryptoTrading #ShortSqueeze #Altcoins