Here’s a detailed trading post based on your IQ/USDT data:
$IQ /USDT BEARISH PRESSURE CONTINUES – MONITOR SUPPORT
$IQ/USDT is currently trading at 0.001571 USDT, down -2.90% over the last 24 hours. The pair has a 24h high of 0.001663 and a low of 0.001511, reflecting ongoing bearish momentum.
Key Levels to Watch:
Support: 0.001510 – immediate support; a breakdown could accelerate selling pressure.
Resistance: 0.001660 – short-term resistance where sellers may step in.
Psychological Levels: 0.001700 & 0.001800 – higher resistance if bulls attempt a recovery.
Trade Setup (Short Bias):
Entry: 0.001570 – near current price, aligned with bearish momentum.
Stop-Loss: 0.001675 – above recent resistance to protect against reversal.
Target 1: 0.001510 – first support level.
Target 2: 0.001460 – extended downside if selling continues.
Guiding Note:
Even small dips offer lessons in patience and risk management. Stay disciplined, follow your plan, and remember: every market movement is a chance to improve your strategy. Progress comes one thoughtful trade at a time.
I can also draft a bullish alternative setup for $IQ/USDT if you want to be ready for a potential reversal. Do you want me to do that?
