#IOUSDT remains under strong selling pressure

📉 SHORT IOUSDT.P from $1.235
🛡 Stop Loss: $1.258

⏱ 1H Timeframe

✅ Overview:
➡️ IOUSDT.P continues its downward movement, trading near the $1.235 level, which acts as a potential breakdown zone.
➡️ The highest liquidity area (POC) is at $1.41, significantly above the current price, indicating strong seller dominance.
➡️ The price has broken a key support level, confirming the bearish trend.
➡️ If the price consolidates below $1.235, further declines to target levels are expected.

⚡ Plan:
➡️ Enter short below $1.235 upon confirmation of bearish momentum.
➡️ Risk management through Stop-Loss at $1.258 to protect against sudden reversals.

🎯 TP Targets:
💎 TP1: $1.210
🔥 TP2: $1.185

🚀 IOUSDT.P remains under strong selling pressure, and a breakdown below $1.235 could accelerate the downward move.