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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