🔴 SHORT SIGNAL — $IOTA | Score: 96/100 | HIGH
Short the rally as momentum flips, targeting a swift reversal.
Entry: $0.05035 — $0.05000
TP1 (30min-4h): $0.04835
TP2 (1-3d): $0.04584
TP3 Swing: $0.04259
SL: $0.05230
Price action shows a bearish divergence on the multi‑hour chart, with lower highs and weakening volume. The moving averages have crossed into negative territory, confirming a downtrend. RSI is slipping below the overbought zone, indicating fading buying pressure. A break below the recent swing low would validate the reversal setup, inviting aggressive scalp entries on pull‑backs toward the next support. Manage risk tightly with a tight stop above the swing high.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #CryptoSignals #CryptoFlix
Short the rally as momentum flips, targeting a swift reversal.
Entry: $0.05035 — $0.05000
TP1 (30min-4h): $0.04835
TP2 (1-3d): $0.04584
TP3 Swing: $0.04259
SL: $0.05230
Price action shows a bearish divergence on the multi‑hour chart, with lower highs and weakening volume. The moving averages have crossed into negative territory, confirming a downtrend. RSI is slipping below the overbought zone, indicating fading buying pressure. A break below the recent swing low would validate the reversal setup, inviting aggressive scalp entries on pull‑backs toward the next support. Manage risk tightly with a tight stop above the swing high.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #CryptoSignals #CryptoFlix