$IOTX/USDT TECHNICAL ANALYSIS: BEARISH BREAKDOWN IMMINENT $IOTX

​The $IOTX/USDT chart is exhibiting strong bearish momentum following a rejection at the recent high of $0.00543. The price has broken down through key support levels, indicating a shift in market structure from consolidation to a downward trend. The rapid drop confirms sellers are in control.

​BEARISH TRADING PLAN

​Entry Zone: $0.00470 - $0.00475

​Target 1 (TP1): $0.00455

​Target 2 (TP2): $0.00430

​Target 3 (TP3): $0.00400

​Stop Loss (SL): $0.00510

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