$AIOT /USDT Market Drama Unfolding🤯🤯
First, let’s break down what’s happening on the chart 👇
📍 The big red circle shows a sharp pump toward 1.8384. This was a classic liquidity grab price spiked hard, trapping late buyers before reversing.
📍 After that, consolidation followed with lower highs, signaling weakening momentum.
📍 The green circle highlights the sharp sell-off down to 1.5516, where price finally found temporary support. RSI dipped near oversold levels, showing exhaustion from sellers, while MACD and volume also confirm heavy pressure during the drop.
⚡ What’s Next?
Right now, AIOT is hovering around 1.59 after the bounce. The key question: will buyers step in for a recovery, or is this just a relief bounce before another leg down?
👉 If bulls defend 1.55, we could see a retest toward 1.66 – 1.70 short-term.
👉 If bears break below 1.55, the next liquidity pocket could drag it further down.
🎯 Key Levels
Support: 1.55 – 1.57
Resistance: 1.66 – 1.70
Breakout Watch: Above 1.73 for a stronger move
This setup is perfect for scalpers and intraday traders — volatility is high, opportunities are plenty!