$IQ /USDT short trade signal 🚦 🛑
BEARISH PRESSURE BUILDING — WILL SUPPORT HOLD OR BREAK?
The market is showing signs of weakness after rejection from the $0.004700 resistance level. Current price is hovering around $0.004512, with a visible downtrend forming in the last few candles. A bearish move could deepen if the key support at $0.004295 fails to hold.
Key Levels:
Resistance: $0.004700
Support: $0.004295
Current Price: $0.004512
Trade Setup (Short):
Entry: $0.004500
Take Profit: $0.004350 / $0.004295
Stop Loss: $0.004610
Market Outlook:
Momentum is shifting to the downside as sellers gain dominance. A break below $0.004295 could trigger more downside volatility.
Risk Management:
Use tight stop loss and risk only 2–3% of your capital. Avoid over-leveraging in choppy sideways zones.
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