$AIOT Under Heavy Sell Pressure | 16.7x Sell Volume Spike
A massive 16.7x sell-side volume spike suggests strong distribution, and the short-term outlook remains bearish unless buyers reclaim key resistance.
Watch for a relief rally into the 0.04098–0.04168 zone, with the ideal short opportunity around the 0.04185–0.04211 supply area. Enter only after bearish confirmation such as a bearish engulfing candle, pin bar, or lower-timeframe rejection.
Potential downside targets are 0.04000, followed by 0.03969. If selling momentum accelerates, price could extend toward the 0.03829–0.03821 support zone. Keep your stop-loss above 0.04233 or the latest swing high.
If bulls reclaim and hold above 0.04233 with strong volume, the bearish thesis is invalidated. Stay patient, wait for confirmation, manage risk, and always DYOR.
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