$AIOT 15-minute drop of 9.89%, current price 0.03886. Two possible scenarios:
① It stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② The rebound fails to reclaim it and price breaks below the 24-hour low of 0.03804 → the downtrend is likely to continue
I’d rather wait for signs of stabilization before drawing a conclusion. How would you respond?
#AIOT
Data is from public sources. Please do your own research (DYOR).
① It stabilizes and reclaims the breakdown level → this move looks more like a shakeout
② The rebound fails to reclaim it and price breaks below the 24-hour low of 0.03804 → the downtrend is likely to continue
I’d rather wait for signs of stabilization before drawing a conclusion. How would you respond?
#AIOT
Data is from public sources. Please do your own research (DYOR).