$IQ /USDT Technical Update - Bullish Momentum Holding Firm

Current Price: $0.009975 (+23.68%)

Key Highlights:

24H High: $0.011157

24H Low: $0.007662

Volume: 5.43B IQ

Technical Overview:

$IQ/USDT has experienced a significant rally, reaching a high of $0.011157 before pulling back slightly. The price remains above the 99 EMA ($0.008275) and is supported by the 7 EMA ($0.010044) and 25 EMA ($0.009265), indicating strong bullish momentum.

Support Levels: $0.009800 | $0.009200

Resistance Levels: $0.010200 | $0.011000

What’s Next?

If $IQ holds above $0.009800, it could target $0.010200 and potentially retest the $0.011000 resistance. A failure to hold above $0.009800 might lead to a retest of the $0.009200 support.

Strategy:

Consider entries near $0.009850-$0.010000 with targets at $0.010500 and $0.011000. Use a stop-loss at $0.009200 to manage risks.

Observation:

Volume remains elevated, signaling strong buyer interest. Sustaining above $0.010000 will confirm the continuation of bullish momentum.

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