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🚨 $IOTX SHORT WINDOW OPENS AT RESISTANCE — SELLERS TARGET SUPPORT 🔻
Entry: 0.00370 – 0.00395 ⚡
Target 1: 0.00350 🎯
Target 2: 0.00305 🎯
Target 3: 0.00255 💥
Stop Loss: 0.00418 ⚠️
After a blistering +68% advance, $IOTX is now probing the 0.00400–0.00412 liquidity zone with fading momentum. 📊 This is classic distribution territory — the same supply pocket that historically stalls impulsive rallies. 📌 A rejection here could send price back into the breakout origin, where unfilled inefficiencies rest.
The sharp rejection setup aligns with a clean short entry below 0.00395, with stacked targets down to 0.00255. 🔍 Volume is starting to compress at the highs — a tell that aggressive bid absorption is slowing. 💡 Watch for a false breakout above 0.00418 as the catalyst.
💬 Are you stepping in front of this resistance or waiting for the first confirmed bearish candle? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IOTX #ShortSetup #Resistance #Crypto #IOTXAnalysis
📉 🎯
Entry: 0.00370 – 0.00395 ⚡
Target 1: 0.00350 🎯
Target 2: 0.00305 🎯
Target 3: 0.00255 💥
Stop Loss: 0.00418 ⚠️
After a blistering +68% advance, $IOTX is now probing the 0.00400–0.00412 liquidity zone with fading momentum. 📊 This is classic distribution territory — the same supply pocket that historically stalls impulsive rallies. 📌 A rejection here could send price back into the breakout origin, where unfilled inefficiencies rest.
The sharp rejection setup aligns with a clean short entry below 0.00395, with stacked targets down to 0.00255. 🔍 Volume is starting to compress at the highs — a tell that aggressive bid absorption is slowing. 💡 Watch for a false breakout above 0.00418 as the catalyst.
💬 Are you stepping in front of this resistance or waiting for the first confirmed bearish candle? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #IOTX #ShortSetup #Resistance #Crypto #IOTXAnalysis
📉 🎯
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