AIOT is looking prime for a short, with the market structure break and volume confirming the direction. This could be the start of a bigger move down.
š“ $AIOT SHORT š ā Trade Plan
ā¢ Entry: $0.038801 ā $0.038879
ā¢ Stop: $0.040005 (-3.0%)
ā¢ Target 1: $0.038257 (+1.5%)
ā¢ Target 2: $0.036898 (+5.0%)
ā¢ R/R 1:1.7 | Confidence 64%
The setup is firing on multiple signals - CHoCH, CVD, FVG, and OB are all lining up, with a nice liquidity sweep to boot. The POI confluence where the order block and fair value gap overlap is particularly interesting, suggesting a strong level of support turned resistance. Overall, the structure looks like it's setting up for a decent drop.
With a 3.0% stop loss, this trade feels like it's got a decent risk profile, especially if we're running lower leverage, around 2-3x.
If we do get a move down to the first target, it might be worth taking some profit off the table to lock in some gains and ride the rest out
Not financial advice ā always manage your own risk š
$AIOT #AIOTUSDT #crypto #TradingSignals #Write2Earn
š“ $AIOT SHORT š ā Trade Plan
ā¢ Entry: $0.038801 ā $0.038879
ā¢ Stop: $0.040005 (-3.0%)
ā¢ Target 1: $0.038257 (+1.5%)
ā¢ Target 2: $0.036898 (+5.0%)
ā¢ R/R 1:1.7 | Confidence 64%
The setup is firing on multiple signals - CHoCH, CVD, FVG, and OB are all lining up, with a nice liquidity sweep to boot. The POI confluence where the order block and fair value gap overlap is particularly interesting, suggesting a strong level of support turned resistance. Overall, the structure looks like it's setting up for a decent drop.
With a 3.0% stop loss, this trade feels like it's got a decent risk profile, especially if we're running lower leverage, around 2-3x.
If we do get a move down to the first target, it might be worth taking some profit off the table to lock in some gains and ride the rest out
Not financial advice ā always manage your own risk š
$AIOT #AIOTUSDT #crypto #TradingSignals #Write2Earn