โš ๏ธ $IOTX /USDT โ€“ Short Trade Signal! ๐Ÿ“‰๐Ÿงจ

$IOTX is flashing clear weakness after a strong rally. A sharp rejection from the $0.02146 high, combined with a bearish engulfing candle on the 30m chart, suggests a cool-off or pullback phase may be starting.

๐Ÿ“‰ Short Trade Setup โ€“ IOTX/USDT

๐Ÿ”ป Entry Zone: $0.02110 โ€“ $0.02125

๐ŸŽฏ TP1: $0.02085

๐ŸŽฏ TP2: $0.02060

๐ŸŽฏ TP3: $0.02010

๐Ÿšซ Stop Loss: $0.02155

๐Ÿง  Strategy Insight:

This is a fade-the-rally setup after signs of exhaustion. The bearish candle formation near a local high shows that buyers are losing steam. As long as price remains below $0.02130, bears are in control.

Watch for low-volume bounces to enter short safely โ€” use a tight SL to protect against any sudden spikes. Profit-taking is staggered across support zones for maximum efficiency.