$AIOT /USDT SHORT TRADE SETUP - Bearish Reversal
$AIOT is currently trading at 0.2868, showing strong bearish momentum on the 15-minute timeframe. The price has sharply dropped from the prior high of $0.3171 and has just broken below the critical moving averages (MA(7) at 0.2905, MA(25) at 0.2990, and MA(99) at 0.3052). This clear break and the large red candle indicate sellers are in control and a continuation lower is probable.
This setup targets a retracement to the recent 24h low and key support levels.
Target Points (TPs)
TP1: 0.2810 (Targeting a new local low)
TP2: 0.2750 (Psychological support area)
TP3: 0.2680 (Extended downward move target)
Stop Loss (SL)
Set stop loss above 0.2920 (Placing it safely above the MA(7) and the recent consolidation zone to protect against a quick reversal/false breakdown).
Sell and Trade here on $AIOT
#BinanceSquare #CryptoTrading #AIOTUSDT #ShortSignal #Bearish
