$IOTX /USDT BEARISH BREAKDOWN AHEAD – SELL PRESSURE INTENSIFIES
$IOTX is losing momentum after repeated rejections near 0.0250, showing signs of a deeper bearish continuation. Price is hovering just above key support at 0.0237, and a decisive breakdown could accelerate selling pressure toward lower levels. Bears are in control, and the trend points to further downside risk.
🔹 Trade Setup
Entry Zone: 0.0239 – 0.0242
Take Profit 1: 0.0235
Take Profit 2: 0.0230
Stop Loss: 0.0248
📉 Market Outlook
Momentum is shifting firmly bearish with declining volume on rebounds and increasing pressure on supports. A clean break below 0.0237 confirms a continuation toward 0.0230, while only a recovery above 0.0250 would weaken the bearish bias. Short-term traders should stay aligned with the downside.
buy and trade here on $IOTX