โ ๏ธ $IOTX looks primed for a short setup ๐งจ
After a strong rally, signs of exhaustion are showing up:
๐ Volume divergence
๐ RSI nearing overbought zone
๐ Resistance zone getting rejected multiple times
Entry = 0.2820
Tp1 = 0.2780
Tp2 = 0.2720
Tp3 = 0.2670
Tp4 = 0.2600
SL = 0.2940
If support breaks below key levels, we could see a sharp correction.
๐ Always use proper risk management โ no setup is guaranteed.
Are you watching this too or staying on the sidelines?
Let the chart speak. ๐ฏ