š $IQ /USDT Trade Signal: Bullish Breakout in Progress! š
š¹ Market Overview:
$IQ is showing a strong bullish breakout, trading at $0.007539 with a 9.48% increase today. Momentum suggests further upward potential with resistance at $0.007600.
š Trade Setup:
ā¢ Entry Zone: $0.007500 - $0.007550
ā¢ Take Profit Levels (TP):
ā¢ TP1: $0.007650
ā¢ TP2: $0.007750
ā¢ TP3: $0.007900
ā¢ Stop Loss (SL): $0.007350
š„ Highlights:
1. Strong buying volume supports the bullish breakout.
2. Resistance at $0.007600, a breakout could lead to significant upside.
3. Favorable risk-reward ratio with a tight stop loss.
š Strategy:
ā¢ Enter on a confirmed breakout above $0.007550.
ā¢ Adjust stop loss to breakeven after TP1 is hit.
š¢ Trade cautiously and watch volume for confirmation!