$AIOT +25% in 24h. Is it just me or does this look like exhaustion at the top? ๐
Price ran 59% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 0.14427: AIOT got through by just 2.0%, tagged 0.14712 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 0.13039. That's where the last dip bottomed (it retraced 27% $AIOT of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.14712 though, I'm wrong.
๐ My AIOT trade: short from 0.14479, stop at 0.15199, target 0.13039 (+9.9%, 1:2)
๐ 24h Vol: $74.3M | 24h Chg: +24.8% | Funding: +0.0731%
Would you take this trade or sit it out? ๐
Follow for daily chart breakdowns ๐
My opinion only. Not financial advice, do your own research.
#AIOT #Crypto #Trading
Price ran 59% in 3 days and suddenly everyone's talking about it. I'm not chasing this move.
Look at what happened around 0.14427: AIOT got through by just 2.0%, tagged 0.14712 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 0.13039. That's where the last dip bottomed (it retraced 27% $AIOT of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.14712 though, I'm wrong.
๐ My AIOT trade: short from 0.14479, stop at 0.15199, target 0.13039 (+9.9%, 1:2)
๐ 24h Vol: $74.3M | 24h Chg: +24.8% | Funding: +0.0731%
Would you take this trade or sit it out? ๐
Follow for daily chart breakdowns ๐
My opinion only. Not financial advice, do your own research.
#AIOT #Crypto #Trading
