BULLISH REVERSAL IN PLAY — TECHNICAL ANALYSIS
$IQ is showing early signs of a bullish reversal after finding strong support around 0.001860–0.001880. Price is forming higher lows, signaling that buyers are stepping in and an upward move could be imminent. Momentum indicators like RSI and MACD confirm growing bullish pressure, supporting a potential continuation of the uptrend.
Trade Setup
Entry: On confirmation above 0.001960
Target 1 (TP1): 0.002020
Target 2 (TP2): 0.002060
Stop Loss (SL): 0.001900
Risk Management
Maintain a 1:2 risk-to-reward ratio and adjust position size to minimize exposure during volatile moves.
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