📊 $IQ /USDT Technical Analysis

IQ/USDT is showing a bullish momentum after breaking key resistance levels, trading at $0.007437 (+3.29%). The volume spike and strong price movement indicate the potential for further upward trends.

Key Levels to Watch:

🎯 Target 1: $0.007800

A minor resistance level where the price may face some selling pressure. If broken, expect a quick move to the next target.

🎯 Target 2: $0.008200

A stronger resistance, aligning with historical price levels. A breakout here could confirm a medium-term bullish trend.

🎯 Target 3: $0.008700

The ultimate goal for short-term traders. This level aligns with Fibonacci extensions, making it a potential profit-taking zone.

Support Zone

$0.006750 acts as a critical support level. If breached, it may indicate a short-term reversal.

Indicators Overview

RSI: Near overbought but still has room to grow.

MACD: Positive crossover suggests continued bullish momentum.

Volume: High trading volume confirms strong buyer interest.

🔎 Trading Strategy

Watch for pullbacks to accumulate positions near support.

Consider partial profit-taking at each target level to secure gains.

#BTCNextMove #ElSalvadorBTCReserve #ElSalvadorBTCReserve #USUALAnalysis