$IOTX USDT SHORT TRADE SIGNAL 🔴 🚦 OVEREXTENDED RALLY SHOWS FIRST CRACKS 🛑
After a strong vertical move, IOTX has hit resistance near 0.0272 and is now rejecting with force. Sellers are stepping in as buyers take profit, leading to a quick rejection candle on the 15m chart. Momentum has shifted, and downside pressure could accelerate toward lower support.
🔻 Trade Setup:
Entry Zone: 0.02678 – 0.02660
Take Profit: 0.02534
Stop Loss: 0.02728
Margin: 2–3% of wallet
Leverage: 10x
📉 Market Outlook:
Price broke vertical but failed to hold above the breakout zone. A sharp bearish engulfing pattern signals weakness. If 0.02650 breaks cleanly, we could see a fast move down. RSI likely cooling off — favoring mean reversion.
#IOTX #CryptoReversal #ShortSetup #BinanceFutures #BearishMomentum
Comment “🛑” if you're riding this short opportunity before it dumps!
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