$AIOT has printed a strong impulsive rally followed by clear signs of exhaustion near the upper resistance zone. The rejection from the high indicates weakening bullish momentum and increasing selling pressure.
The breakdown below the short term support zone confirms bearish intent and suggests continuation toward lower liquidity areas.
As long as price remains below the resistance zone, bearish momentum is expected to dominate.
ENTRY ZONE
0.04200 – 0.04400
TARGETS
TP1 0.03789
TP2 0.03450
TP3 0.03000
STOP LOSS
0.04829
AIOTUSDT
Perp
0.12223
-7.36%