$IOTX just swept range highs… and it’s starting to look like a trap ⚠️

$IOTX Short Idea 📉

Entry: 0.00528 – 0.00540

Bearish Confirmation: Below 0.00518

Targets:

🎯 0.00505

🎯 0.00492

🎯 0.00478

Stop Loss: 0.00558

That move above resistance looks more like a liquidity grab than real strength. Buyers chased the breakout, but price failed to hold — classic fakeout behavior.

If price stays below the trigger level, sellers could take control and push it back into the range with momentum.

Don’t chase the top — wait for confirmation and let the market come to you 👀

#IOTX #CryptoTrading #ShortSetup

IOTX
IOTXUSDT
0.00533
-1.47%