$IOTX Setting Up the Perfect Bull Trap - Smart Money Targeting Sell-Side Liquidity


#IOTX is showing signs of accumulation near a higher timeframe supply zone, with OB + FVG confluence and potential buyside sweep before continuation toward downside liquidity.
Technical Structure:
✅ OB + FVG → high-probability resistance zone
✅ Buyside liquidity above → inducement setup
✅ Potential distribution phase → bearish context
✅ Expected liquidity grab → reversal trigger
✅ Liquidity below → clear downside targets
Targets: $0.00470 → $0.00433 → $0.00417
Invalidation: 1D close above $0.00566
Bearish bias. Wait for price to sweep buyside liquidity and tap into the OB + FVG zone before entering toward sell-side liquidity. Look for LTF bearish confirmation.
TA Only. DYOR.
IOTX0.27%
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