$AIOT Under Heavy Distribution Pressure Is Smart Money Quietly Exiting?
$A massive 18.9x spike in selling volume has hit $AIOT, and the chart structure is now flashing strong bearish signals across multiple momentum indicators. The aggressive sell-side pressure suggests that large players may be unloading positions while weak hands panic out of the market.
Current price action favors further downside continuation unless buyers step in with a decisive reversal.
Key support levels to watch: • 0.07271
• 0.07138
The higher-probability setup is to wait for a weak relief bounce into: • 0.07492
• 0.07583
If price rejects these zones with bearish confirmation such as: • Bearish engulfing candles
• Rejection wicks
• Lower-high formations
• Weak candle closes on lower timeframes
then the market could offer a strong short opportunity targeting the support zones below.
Trade Concept: • Short after bearish confirmation on bounce
• Targets: 0.07271 → 0.07138
• Stop-loss above the recent swing high or rejection high
However, traders should stay alert for a potential liquidity trap.
If price sweeps below 0.07271 and instantly recovers with strong bullish structure, pin bars, or engulfing candles on lower timeframes, it may indicate hidden accumulation and open the door for a rebound toward 0.07583.
A strong reclaim and hold above 0.07583 would invalidate the bearish outlook and shift market bias back toward neutral-to-bullish conditions.
At the moment, the chart still favors distribution and panic-driven selling, but volatility around these support zones could create sharp reversals. Patience and confirmation remain critical.
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