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Wait, are we actually seeing a reversal or is this just a massive trap?
$AIOT is moving crazy right now. We just came off that nasty bottom around 0.008 and the volume coming in is actually insane.
Look at that daily candle. We’re testing the 0.052 area which has been a major psychological level. If we can flip 0.056 into support, there isn't much standing in the way of a bigger run.
But be careful. RSI is likely screaming and we just saw a huge wick on the previous attempt. I’m watching for a retest of the 0.038 zone if this momentum cools off.
Are you guys chasing this or waiting for the dip? I’m leaning towards a pullback before the next leg up.
Don't get liquidated trying to be a hero.
#GateSquareAprilPostingChallenge