$QQQ — Strong Breakout, Healthy Consolidation, Bulls Eyeing the Next Push!
Long $QQQ
• Entry: 603.5 – 606.5
• Stop Loss: 599.5
Targets:
• TP1: 610.0
• TP2: 615.0
• TP3: 620.0
• TP4: 626.0
QQQ is displaying a powerful 1H breakout followed by a controlled consolidation near the highs. After reclaiming the 590 zone and impulsively pushing toward 610, price is now cooling off in a tight range — a sign that bulls are still defending structure rather than losing momentum.
This kind of pullback often acts as a reset before the next leg up. As long as QQQ holds above the 600 psychological support, the bullish structure remains intact and continuation toward new highs stays on the table.
Best confirmation will come from a clean reclaim of 608–610 with volume expansion. Until then, the setup remains a strong buy-the-dip continuation idea.
Trade $QQQ here 👇🏻
