๐ป SHORTING
$IOTX INTO THE SELL-SIDE SHAKEDOWN โ BIDS CRUMBLING? ๐ฃ
Entry: Sell 0.002665โ0.00268 ๐ป
Target: 0.002638โ0.002603โ0.002568 ๐ฏ
Stop Loss: above 0.002708 ๐
The bid is cracking beneath
$IOTX . Sellers are leaning hard into offers at that 0.002665โ0.00268 zone, and the tape is stacking against the bulls with every single tick. ๐ A close above 0.002708 flips this thesis dead โ that's the line in the sand, no wiggle room.
๐ Order flow is showing aggressive spot selling with minimal absorption on the dip. The targets at 0.002638, 0.002603, and 0.002568 map out a clean cascade through prior support shelves. ๐ก That third target is where the real liquidity sits โ that's the sweet spot for the flush to do its damage.
๐ฌ Are you riding the short here, or waiting for a retrace to sell into a higher bid? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ
#IOTX #ShortSetup #SellSignal #Crypto ๐ป ๐