$IOTX 35% RALLY STALLS AT MAJOR RESISTANCE — SHORT SETUP IN VIEW 🔴
Entry: 0.00370–0.00405 ⚡
Target 1: 0.00340 🚀
Target 2: 0.00305 🎯
Target 3: 0.00270 💥
Stop Loss: 0.00425 ⚠️
A 35%+ sprint into this resistance shelf has all the fingerprints of an overheated move. Buyers are pushing into a zone where sellers have been parked, and the extension looks stretched. 📊 Momentum fades fast when profit-takers start doing their dance.
This short setup is all about confirmation, not panic entries. A rejection near the entry area can trigger a sharp pullback toward the first downside targets. 🔍 I'm watching for wicky, low-volume closes under the zone before I commit.
Are you waiting for a clean rejection candle or fading the move early? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IOTX #ShortSetup #Resistance #Crypto
🎯 🐻
Entry: 0.00370–0.00405 ⚡
Target 1: 0.00340 🚀
Target 2: 0.00305 🎯
Target 3: 0.00270 💥
Stop Loss: 0.00425 ⚠️
A 35%+ sprint into this resistance shelf has all the fingerprints of an overheated move. Buyers are pushing into a zone where sellers have been parked, and the extension looks stretched. 📊 Momentum fades fast when profit-takers start doing their dance.
This short setup is all about confirmation, not panic entries. A rejection near the entry area can trigger a sharp pullback toward the first downside targets. 🔍 I'm watching for wicky, low-volume closes under the zone before I commit.
Are you waiting for a clean rejection candle or fading the move early? 💬
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IOTX #ShortSetup #Resistance #Crypto
🎯 🐻