$IQ USDT BEARISH REVERSAL – SELLERS DOMINATING AFTER PEAK 🔻
IQ/USDT attempted a breakout towards 0.003591 but faced strong rejection, now trading lower near 0.003552. The 15m chart structure shows a series of lower highs and increasing bearish candles, indicating seller strength for further downside.
🔹 Trade Setup (SHORT):
Entry: 0.00355 – 0.00358
Targets:
TP1: 0.00350
TP2: 0.00345
TP3: 0.00338
Stop Loss: 0.00361
📊 Short Market Outlook:
The momentum has clearly shifted bearish after rejection from the highs. Unless price reclaims above 0.00361 with strong volume, sellers are likely to continue driving price towards the next support levelsq
🔒 Risk Management:
Always apply tight stop losses and secure partial profits at each target to protect capital in fast-moving market conditions.
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$LQTY