$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.

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