🔻 $IOTA /USDT SLIDES – Bear Grip Still Strong! ⚠️📉
$IOTA drops -4.38%, trading at $0.1636, struggling to recover.
Hit a 24H low of $0.1597, now showing mild relief from oversold zone.
Bollinger Bands squeezed, with candles riding the lower band – bearish trend intact.
Reclaiming $0.167 is crucial for bulls, else downside risk continues.
Low volume recovery hints at weak buyer confidence for now.
🎯 Short Trade Setup (IOTA/USDT)
• Entry: $0.1630 – $0.1650
• TP1: $0.1600
• TP2: $0.1570
• TP3: $0.1525
• Stop Loss: $0.1690
📌 Trend still favors the bears – wait for real strength before switching sides!