$IQ /USDT Trading Signal - Consolidation Near Resistance

Current Price: $0.007867 (+10.18%)

Entry Range: $0.007800 - $0.007900

Target 1: $0.008050

Target 2: $0.008200

Stop Loss: $0.007650

Market Observations:

$IQ/USDT peaked at $0.008072 and is now consolidating near $0.007867, indicating potential continuation.

Strong support is forming around $0.007800, suggesting a bullish structure.

A breakout above $0.007900 could lead to retesting the recent high and moving toward extended targets.

Trade Insights:

Enter within the defined range, capitalizing on the consolidation phase.

Take partial profits at $0.008050 and hold for an extended target at $0.008200.

Use a disciplined stop-loss below $0.007650 to manage downside risks.

Watch for breakout confirmation and capitalize on upward momentum!

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