$IQ has seen a price increase of 6.02% over the past 24 hours, currently testing the upper Bollinger Band at 0.00466. This proximity indicates potential overextension, so caution is advised. Key levels include support at 0.004295 and resistance at 0.0047. With volatility expanding, traders should consider placing a stop-loss just below support to manage risk. Given the current conditions, I recommend setting alerts rather than initiating new positions until a clear pullback or breakout occurs.
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