🚀 $IQ /USDT: ANALYSIS AT CRITICAL LEVELS ⚡

The $IQ /USDT pair is trading at $0.007874, presenting an opportunity for traders to assess potential breakout or reversal scenarios as it hovers near key support and resistance levels.

📊 Trade Scenarios:

Entry Point: $0.007874

Take Profit (TP 1): $0.008000

Take Profit (TP 2): $0.008150

Take Profit (TP 3): $0.008300

Stop Loss (SL): $0.007750

Support is seen at $0.007750, while resistance is at $0.008000. A breakout above $0.008000 could push the price higher, targeting $0.008150 and $0.008300. On the other hand, a decline below $0.007750 might suggest further downside movement.

📉 Market Outlook:

IQ is currently holding above a key support level at $0.007750. If the price maintains this position, there is potential for a bullish run toward $0.008000 and beyond. A confirmed breakout above $0.008000 could solidify the bullish momentum. However, failure to hold above $0.007750 might trigger a bearish retracement.

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$IQ

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