$IQ /USDT BULLISH BREAKOUT IMMINENT 🚀
Key Levels:
- Resistance: $0.008405
- Support: $0.007793
- Current Price: $0.007837
Trade Setup:
Long Entry:
- Entry Point: $0.007837
- Take Profit (TP): $0.008200, $0.008405
- Stop Loss (SL): $0.007498
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust to risk no more than 2% of your trading capital.
Summary:
We are looking for a long trade on $IQ/USDT due to a bullish breakout pattern. The price has recently bounced off the support level at $0.007793 and is showing signs of upward momentum. With a clear resistance level at $0.008405, this setup offers a favorable risk/reward ratio. 📈💸
Happy trading and may the market be in your favor! 📈💸