$IOTA
/USDT BEARISH BREAKDOWN SETUP
$IOTA has formed a clear descending structure after failing to hold above its key resistance zone near 0.1500, signaling continuation of the downtrend. The breakdown below 0.1390 confirms bearish control, supported by declining OBV indicating fading buying momentum. Sellers are likely to dominate unless a strong reversal candle appears above resistance.
Entry (Short): Below 0.1390 confirmation
Targets (TP): 0.1290 / 0.1230 / 0.1120
Stop Loss (SL): Above 0.1500
Risk Management:
Use proper position sizing with a maximum of 2% risk per trade and shift SL to breakeven once the first target is hit.
#TechnicalAnalysis #CryptoSetup #BearishTrend #Marketstructure #Write2Earn! $IOTA