$IQ ALERT: Massive 28.86% Surge – Can the Bulls Sustain the Rally?

$IQ is trading at $0.011449, with a sharp rise of 28.86% in the last 24 hours. After reaching a high of $0.011850 from a low of $0.008688, the price action reflects strong bullish momentum. The market is heating up—traders should keep a close eye on key levels!

Key Levels to Watch

Resistance: $0.011850 – Breaking above this could signal another bullish leg toward $0.012500 or higher.

Support: $0.010800 – Holding above this level is crucial for maintaining the upward trend. A drop below might indicate a potential correction toward $0.010000.

Trade Setup Recommendations

Buy Signal:

Entry: Around $0.011450 if the price consolidates above $0.011300.

Targets: $0.012000, $0.012300, and $0.012500.

Stop Loss: $0.010800 to manage risk.

Sell Signal:

Short below $0.010800 if bearish pressure emerges.

Targets: $0.010300, $0.010000, and $0.009800.

Stop Loss: $0.011300 to protect against reversals.

Market Outlook

With a 24-hour volume of 2.14 billion IQ, the market is seeing significant participation. Watch for a breakout above resistance or a retracement to support for optimal trade entries. Tight risk management is advised in this highly volatile setup.

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