🔴 SHORT SIGNAL — $IOTA | Score: 42/100 | LOW
Overbought pressure at +3.92% is suffocating the bulls, hinting at an imminent reversal as $IOTA struggles to sustain its recent surge, making it an ideal short zone.
Entry: $0.04946 — $0.04912
TP1: $0.04749
TP2: $0.04503
TP3: $0.04183
SL: $0.05138
The $0.05145 resistance level is crucial, as a rejection here could accelerate the decline, with volume at 13.24M supporting a short thesis. I'm confidently shorting $IOTA , anticipating a sharp drop as the overbought pressure reaches a boiling point.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #DeFi #CryptoSignals
Overbought pressure at +3.92% is suffocating the bulls, hinting at an imminent reversal as $IOTA struggles to sustain its recent surge, making it an ideal short zone.
Entry: $0.04946 — $0.04912
TP1: $0.04749
TP2: $0.04503
TP3: $0.04183
SL: $0.05138
The $0.05145 resistance level is crucial, as a rejection here could accelerate the decline, with volume at 13.24M supporting a short thesis. I'm confidently shorting $IOTA , anticipating a sharp drop as the overbought pressure reaches a boiling point.
⚠️ NFA | DYOR
#Crypto #BTC #Binance #DeFi #CryptoSignals