$AIOT printed a long liquidation at 0.2422, which tells me weak longs got wiped and downside liquidity was consumed. This is typically where smart money looks for a bounce, not panic selling.
EP 0.2380 to 0.2410
TP 0.2520 then 0.2650
SL 0.2320
If buyers hold above the liquidation zone, the move becomes a relief rally. Lose the level and this setup is invalid. No middle ground. $AIOT
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AIOT
Alpha
0.2398
-13.17%