$IOTX

/USDT Short Trade Signal.!🚨

$IOTX rallied over 13%, hitting resistance near 0.0264 – 0.0270, followed by a rejection candle and a minor drop. Momentum is slowing near the top, indicating potential for a short-term pullback.

Entry Zone

Short between 0.0248 – 0.0258

Prefer short entry closer to 0.0255 – 0.0264 if price retests with weak volume or bearish candles.

Targets

0.0236 (previous structure support)

0.0225

0.0217 (24h low)

Stop Loss

0.0272 (just above the local high and resistance zone)

Key Levels

Resistance: 0.0264, 0.0270

Support: 0.0236, 0.0225, 0.0217

Pivot: 0.0248

Pro Tip

Watch for rising wedge breakdown or bearish divergence on RSI (15m–1h). Tight stops are advised due to IOTX's volatility post-rally. Trail your stop once the first target is hit.

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