IOTAUSDC
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$IOTA /USDC WEAK BOUNCE UNDER RESISTANCE – BEARISH PRESSURE BUILDS
REJECTED FROM $0.1647 PEAK
MA(25) ZONE ACTING AS STRONG CEILING
LOWER HIGHS SIGNAL SELLER CONTROL
$IOTA /USDC rallied briefly but failed to hold above $0.1647. The price is now struggling below both the MA(7) and MA(25), indicating selling interest at every bounce attempt.
🔴 Short Trade Setup:
Entry Zone: $0.1595 – $0.1605
Take Profit (TP): $0.1565
Stop Loss (SL): $0.1615
Market Outlook:
The inability to break the moving average confluence hints at a bearish continuation unless buyers step in with strong volume.
#IOTAUSDC #BearishSetup #ShortSignal #CryptoTrading #BinanceFutures
REJECTED FROM $0.1647 PEAK
MA(25) ZONE ACTING AS STRONG CEILING
LOWER HIGHS SIGNAL SELLER CONTROL
$IOTA /USDC rallied briefly but failed to hold above $0.1647. The price is now struggling below both the MA(7) and MA(25), indicating selling interest at every bounce attempt.
🔴 Short Trade Setup:
Entry Zone: $0.1595 – $0.1605
Take Profit (TP): $0.1565
Stop Loss (SL): $0.1615
Market Outlook:
The inability to break the moving average confluence hints at a bearish continuation unless buyers step in with strong volume.
#IOTAUSDC #BearishSetup #ShortSignal #CryptoTrading #BinanceFutures
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