🚨 $IOTX SHORT: SELL THE RALLY INTO THE LIQUIDITY POOL ABOVE! 📉
Entry: 0.002665–0.00268 🔻
Target: 0.002638 / 0.002603 / 0.002568 🎯
Stop Loss: 0.002708 🛑
🔍 This isn't a random fade — it's a liquidity sweep rejection. Price tapped that 0.002708 region where resting sell orders have been stacked since the last distribution phase. 📉 The 4H structure shows a clear lower-high formation, with momentum diverging on the RSI while volume dries up on every bounce.
🌊 Smart money is likely offloading into this shallow bid wall, banking on a retrace to the nearest demand shelf at 0.002568. The first target is a quick 1:1, but the full move offers a 1:3 risk-reward if the breakdown holds. 💬 Are you shorting this break, or waiting for a lower entry after the retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IOTX #ShortSetup #Crypto #Trading #Bearish
🐻 📉
Entry: 0.002665–0.00268 🔻
Target: 0.002638 / 0.002603 / 0.002568 🎯
Stop Loss: 0.002708 🛑
🔍 This isn't a random fade — it's a liquidity sweep rejection. Price tapped that 0.002708 region where resting sell orders have been stacked since the last distribution phase. 📉 The 4H structure shows a clear lower-high formation, with momentum diverging on the RSI while volume dries up on every bounce.
🌊 Smart money is likely offloading into this shallow bid wall, banking on a retrace to the nearest demand shelf at 0.002568. The first target is a quick 1:1, but the full move offers a 1:3 risk-reward if the breakdown holds. 💬 Are you shorting this break, or waiting for a lower entry after the retest? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IOTX #ShortSetup #Crypto #Trading #Bearish
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