$IOTX /USDT BEARISH REVERSAL – BUYERS LOSING CONTROL

IOTX faced rejection near $0.0303 and is now slipping below the short-term moving averages. Selling pressure is increasing, suggesting a potential retest of lower support levels unless price stabilizes above $0.029.

🔹Trade Setup (Short Entry)

Entry Zone: 0.0289 – 0.0291

Take Profit 1: 0.0284

Take Profit 2: 0.0279

Stop Loss: 0.0296

📊 Market Outlook:

Momentum has shifted bearish in the short term. Failure to hold above $0.0285 could lead to further downside, while a rebound above $0.0295 would invalidate the bearish bias.

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