$AIOT ❄️ 9.6x Unusual Selling Volume on
$AIOT , what just happened?
- With this enormous volume anomaly and aggressive drop, the evidence points to smart money distribution and further downside likely.
- I expect price to attempt a sweep of liquidity at 0.05197 and possibly 0.05091. If these levels do not produce a sharp reversal, further downside toward 0.04922 and 0.04834 is favored.
- For a short entry: Wait for a weak bounce or rejection from 0.05375 to 0.05405 (equilibrium) with confirmation—such as a bearish engulfing candle, strong upper wick, or momentum failure on the 5m. Enter short, aim for 0.05091, 0.04922, and 0.04834 as targets. Place your stop-loss above the swing high of the rejection candle or above 0.05405.
- If looking for a countertrend long (riskier): Only enter if price forms a clear reversal (pin bar, engulfing, or double bottom) right around 0.05197 or 0.05091, then target 0.05375–0.05405. Stop-loss should be below the local swing low.
- If price unexpectedly manages to reclaim and hold above 0.05405 (equilibrium) with strong bullish candles and volume, then my bias would shift and I’d expect a move towards 0.05712 and potentially back to 0.05795–0.06031. Otherwise, the path of least resistance remains down.
- Always wait for confirmation: Do not enter trades blindly; look for rejection or reversal signals at these levels before committing.
📝 This is not investment advice, just an educational analysis! Be cautious—extreme volume spikes often mean volatility, and quick reversals can happen, so trade with strict risk management!
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