This chart is telling a silent story and most people will miss it.
$AIOT made a strong recovery but failed exactly at the resistance zone (0.0113). Multiple rejections here show sellers are defending this level aggressively. Now price is losing strength again and starting to roll over from the top.
What’s important?
Structure is shifting from higher highs → lower highs. That’s the early signal of weakness, not strength.
Trade Insight:
Short zone: 0.0105 – 0.0112
SL: 0.0115
TP: 0.0096 → 0.0089
If support at 0.0100 breaks, expect acceleration to the downside.
This isn’t the time to chase longs this is where traps are created.