$IOTX /USDT – Short Trade Signal! ⚠️📉
After a strong rally, $IOTX is showing signs of exhaustion with a sharp rejection near the $0.02146 high. The bearish engulfing candle on the 30m chart confirms short-term weakness and a possible pullback setup.
📉 Short Trade Setup
Entry Zone: 0.02110 – 0.02125
TP1: 0.02085
TP2: 0.02060
TP3: 0.02030
Stop Loss: 0.02155
💡 Pro Tip: If price consolidates near 0.02110 without strong buy volume, it's a strong sign of distribution. Look to enter on the retest of the upper range.
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