$IOTX /USDT short trade signal 🚦 🛑
BEARISH SETUP — SELL WALLS BUILDING UP, DOWNSIDE LIKELY
$IOTX has failed to hold above the key resistance zone near $0.0229 and is now showing signs of exhaustion. With repeated rejections and lower highs forming on the 4H chart, momentum is shifting bearish. The recent volume spike indicates sellers gaining control, and a breakdown below $0.0222 could trigger further downside.
Trade Setup:
Entry (Short): $0.02240 – $0.02260
Take-Profit (TP): $0.02150 / $0.02060
Stop-Loss (SL): $0.02295
Market Outlook:
If bearish pressure continues below $0.0222, expect IOTX to revisit lower support levels. A clean rejection near the resistance range increases short confidence. Keep risk tight as Layer-1 tokens can react fast to sentiment shifts.
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