š» $IOTA /USDT SLIDES ā Bear Grip Still Strong! ā ļøš
$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 ā bearish trend intact.
Reclaiming $0.167 is crucial for bulls, else downside risk continues.
Low volume recovery hints at weak buyer confidence for now.
šÆ Short Trade Setup (IOTA/USDT)
⢠Entry: $0.1630 ā $0.1650
⢠TP1: $0.1600
⢠TP2: $0.1570
⢠TP3: $0.1525
⢠Stop Loss: $0.1690
š Trend still favors the bears ā wait for real strength before switching sides!