$IOTX Retracing Into Bearish Zone – Short Setup Active
Entry Zone: 0.02595 (Breaker Block)
Stop Loss: 0.02657
Targets: 0.02520 / 0.02490 (Liquidity Draw)
Why this setup?
✔ Market Structure already shifted bearish (MSS confirmed)
✔ Price retracing into a bearish breaker block zone
✔ Downside liquidity pool visible near 0.02490
✔ Tight SL with favorable R:R profile
Bias & Strategy:
Bearish outlook. Wait for rejection from the breaker block for confirmation, then ride the move toward downside liquidity sweep.
