IOTX is testing the 0.0580 resistance after a 2.1% pullback in four hours. Momentum is fading near the 1.5% daily high.
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🔴 $IOTX SHORT 📉
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📍 Entry Range: $0.003238 – $0.003244
🛑 Stop Loss: $0.003338 (-3.0%)
🎯 TP1: $0.003192 (+1.5%)
🏆 TP2: $0.003079 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A CHoCH broke the bullish swing and the CVD turned negative, confirming sell pressure. The price sits inside a FVG that aligns with an OB and a liquidity sweep, creating a POI confluence. Structure now shows lower highs and lower lows, priming a short.
A 3.0% stop is relatively tight, so 5x leverage keeps risk around 15% of account.
Take half profit at the first target around 0.0505.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$IOTX #IOTXUSDT #SMC #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $IOTX SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.003238 – $0.003244
🛑 Stop Loss: $0.003338 (-3.0%)
🎯 TP1: $0.003192 (+1.5%)
🏆 TP2: $0.003079 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
A CHoCH broke the bullish swing and the CVD turned negative, confirming sell pressure. The price sits inside a FVG that aligns with an OB and a liquidity sweep, creating a POI confluence. Structure now shows lower highs and lower lows, priming a short.
A 3.0% stop is relatively tight, so 5x leverage keeps risk around 15% of account.
Take half profit at the first target around 0.0505.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$IOTX #IOTXUSDT #SMC #TradingSignals #Write2Earn