🔥 $AIOT | Live technical analysis
The current price shows a corrective rise within a generally volatile trend, with a clear approach to a strong resistance area indicated on the chart.
📍 Potential sell scenario (Short):
The opportunity becomes valid only at:
Price reaching the resistance area
Breakout failure
Appearance of a clear rejection candle (upper wick / bearish engulfing / weakness in momentum)
⚠️ Very important:
Do not enter a sell before confirmation
Any clear breakout + stability with a positive candle = cancellation of the selling idea
📉 Potential downside targets after rejection:
First target: re-test of the nearby support
Second target: previous swing low (the trade is managed gradually)
🛑 Stop loss:
Close of a confirmed candle above resistance
📊 Indicators support caution:
RSI is close to overbought areas
The price is extended above the short-term averages
Correction potential at resistance is possible
💡 Smart trading = waiting for confirmation
Not every rise is a buying opportunity, and not every resistance is a selling opportunity without a signal.
This is not financial advice.
