With a noteworthy gain of +19.22%, the $IQ /USDT pair is currently trading at $0.006841. Between $0.005729 and $0.007479 has been the trading range for the past 24 hours, with significant trading volumes of 2.32B IQ and 15.50M USDT.

The moving averages (MA)—MA(7) at $0.006842, MA(25) at $0.006624, and MA(99) at $0.006142—indicate a bullish trend. The present price shows a significant increasing trend; it is slightly below MA(7) but still above MA(25) and MA (99).

The closest support level is approximately $0.005729, while the immediate resistance is located at $0.007479. Traders may want to explore trading higher given the current positive trend and price stability above important moving averages.

In the vicinity of the resistance level at $0.007479, however, prudence is suggested.

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