$IOTX /USDT BEARISH REVERSAL SETUP
has faced rejection from a key resistance zone, forming lower highs and showing weakening momentum on the MACD. Price is slipping below short-term EMAs, signaling potential continuation to the downside. Sellers may look for short entries on a retest of the breakdown level.
Entry (Short): 0.0295 – 0.0300
Targets (TP):
TP1: 0.0285
TP2: 0.0278
TP3: 0.0269
Stop Loss (SL): 0.0318
Risk Management: Use strict stop loss, risk only 2–3% of capital per trade, and avoid overexposure in volatile moves.
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