$AIOT — SELLING PRESSURE OR A RECOVERY OPPORTUNITY? 👀
One liquidation event doesn't define the entire trend, but it can highlight where leveraged traders are getting caught. AIOT now has an important price area to defend if buyers want to prevent further weakness.
🔴 Long Liquidation: $1.4485K at $0.11641
The liquidation occurred around $0.11641. If sellers maintain control, price could revisit lower support. On the other hand, a recovery above resistance could create an opportunity for a short-term bullish move.
📊 Key Levels (Estimated):
Support S1: $0.1150
Support S2: $0.1130
Resistance R1: $0.1180
Resistance R2: $0.1205
🎯 Trading Setup:
EP: $0.1158–$0.1166
TP: $0.1180 / $0.1200 / $0.1225
SL: $0.1140
My focus is on lower-timeframe structure. A confirmed higher low would make the recovery setup more interesting.
I'm staying patient until price gives a convincing signal.
#HKSFCPlansToRestrictCryptoAndExchangeTerms #WillUS-IranTensionsBoostSafe-HavenDemand? #WillAnthropicListOnTime #CPITestsDecemberRateOutlook #JobsReportRaisesHikeOdds
One liquidation event doesn't define the entire trend, but it can highlight where leveraged traders are getting caught. AIOT now has an important price area to defend if buyers want to prevent further weakness.
🔴 Long Liquidation: $1.4485K at $0.11641
The liquidation occurred around $0.11641. If sellers maintain control, price could revisit lower support. On the other hand, a recovery above resistance could create an opportunity for a short-term bullish move.
📊 Key Levels (Estimated):
Support S1: $0.1150
Support S2: $0.1130
Resistance R1: $0.1180
Resistance R2: $0.1205
🎯 Trading Setup:
EP: $0.1158–$0.1166
TP: $0.1180 / $0.1200 / $0.1225
SL: $0.1140
My focus is on lower-timeframe structure. A confirmed higher low would make the recovery setup more interesting.
I'm staying patient until price gives a convincing signal.
#HKSFCPlansToRestrictCryptoAndExchangeTerms #WillUS-IranTensionsBoostSafe-HavenDemand? #WillAnthropicListOnTime #CPITestsDecemberRateOutlook #JobsReportRaisesHikeOdds