$AIOT
Rejection from the highs after a strong push up. Sellers are stepping in with control.
SHORT $AIOT
Entry: 0.1050 – 0.1065
SL: 0.1100
TP1: 0.1000
TP2: 0.0975
TP3: 0.0955
Clean rejection at the top with selling pressure increasing. Momentum is fading as the move becomes overextended. Structure starting to shift in favor of bears with lower highs forming. Buyers are getting exhausted while late longs begin to get trapped. I’m positioning for continuation to the downside.
Rejection from the highs after a strong push up. Sellers are stepping in with control.
SHORT $AIOT
Entry: 0.1050 – 0.1065
SL: 0.1100
TP1: 0.1000
TP2: 0.0975
TP3: 0.0955
Clean rejection at the top with selling pressure increasing. Momentum is fading as the move becomes overextended. Structure starting to shift in favor of bears with lower highs forming. Buyers are getting exhausted while late longs begin to get trapped. I’m positioning for continuation to the downside.