wedgecollapse
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$IOTA USDT BEARISH TREND ACCELERATION – FINAL BREAKDOWN UNDERWAY
Multi-month rising wedge has broken down with conviction, backtest as resistance confirmed, and now printing lower lows with increasing bearish momentum. Volume rising on every red candle, no meaningful bullish structure left. Bears fully in control targeting full measured move.
Trade Setup:
Short Entry: 0.11300 – 0.11800 zone
Target 1: 0.10200
Target 2: 0.09200
Target 3: 0.07800 (full measured move)
Stop Loss (SL): 0.12400 (above wedge retest)
Risk-Reward = 1:6+
Risk max 1-1.5% per trade – trend is strong, add on confirmed retests!
#IOTAUSDT #BearishBreakdown #WedgeCollapse #DowntrendContinuation
Multi-month rising wedge has broken down with conviction, backtest as resistance confirmed, and now printing lower lows with increasing bearish momentum. Volume rising on every red candle, no meaningful bullish structure left. Bears fully in control targeting full measured move.
Trade Setup:
Short Entry: 0.11300 – 0.11800 zone
Target 1: 0.10200
Target 2: 0.09200
Target 3: 0.07800 (full measured move)
Stop Loss (SL): 0.12400 (above wedge retest)
Risk-Reward = 1:6+
Risk max 1-1.5% per trade – trend is strong, add on confirmed retests!
#IOTAUSDT #BearishBreakdown #WedgeCollapse #DowntrendContinuation
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