$IOTA — Bearish Short Setup
SHORT $IOTA
Entry: $0.04498
SL: $0.04744
🎯 Take Profit:
TP1: $0.04100
TP2: $0.03700
TP3: $0.03326
$IOTA is facing rejection around the $0.0470 resistance zone, showing signs of selling pressure. A sustained move below $0.0450 could open the door for further downside toward the listed support levels.
🔑 Key Level: Losing the $0.0450 area strengthens the bearish setup.
⚠️ Risk Note: A move above $0.04744 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while resistance holds. 📉
Sell and Trade $IOTA here 👇
SHORT $IOTA
Entry: $0.04498
SL: $0.04744
🎯 Take Profit:
TP1: $0.04100
TP2: $0.03700
TP3: $0.03326
$IOTA is facing rejection around the $0.0470 resistance zone, showing signs of selling pressure. A sustained move below $0.0450 could open the door for further downside toward the listed support levels.
🔑 Key Level: Losing the $0.0450 area strengthens the bearish setup.
⚠️ Risk Note: A move above $0.04744 invalidates the setup. Wait for confirmation and keep position sizing controlled.
Bearish bias while resistance holds. 📉
Sell and Trade $IOTA here 👇
