$AIOT sharp rejection signals potential trend reversal

Short $AIOT

Entry: 0.078 – 0.085

SL: 0.095

TP1: 0.070

TP2: 0.062

TP3: 0.055

TP4: 0.048

Why:

Strong rally got aggressively rejected from 0.14 zone with a large bearish candle wiping gains. Price lost MA7 and momentum flipped bearish with RSI dropping sharply. This kind of move usually signals exhaustion and distribution. Unless price quickly reclaims 0.10+, downside continuation toward lower supports is likely.

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AIOTUSDT

Perp

0.10154

+13.69%