$IQ /USDT Trade Setup 🚨

IQ/USDT is currently trading at $0.006363, showing a strong upward move of +4.50% on Binance. This chart displays exciting price action, with notable support and resistance levels that could offer key trading opportunities.

💡 Key Levels to Watch:

Resistance: $0.006580 — This is the recent high, where IQ faces pressure from sellers. A break above this level could signal a powerful continuation towards higher targets.

Support: $0.005838 — This is the crucial zone where buyers have defended the price, and it’s the level to watch for potential entry opportunities.

📈 Trade Strategy:

Long Trade: Enter above $0.006580, aiming for targets at $0.006700 and $0.006800. Momentum is building fast, and the next breakout could push IQ higher!

Short Trade: If the price falls below $0.005838, consider entering a short position with targets at $0.005700 and $0.005600.

🔒 Stop Loss:

For a long trade, place your stop loss at $0.006000 to manage risk.

For a short trade, place your stop loss at $0.006580.

This is a critical moment for IQ/USDT. With a well-defined setup, it’s essential to stay alert for any breakouts. The market is on the verge of a major move, and you don’t want to miss this opportunity!

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