$IQ /USDT short trade signal 🚦 🟥 BEARISH REJECTION – MULTIPLE SUPPLY ZONES BLOCK UPSIDE MOVE
$IQ /USDT faced strong rejection from the 0.004228 resistance zone after several failed attempts to break higher. Price has now broken below 0.004183 support with a strong bearish candle, confirming downward continuation. The lower highs and persistent rejection signals favor a short bias.
Trade Setup:
Entry (Short): 0.004175
Take Profit (TP): 0.004126
Stop Loss (SL): 0.004228
Market Outlook:
The pair is showing weakness with strong selling pressure above and failing to sustain bullish momentum. As long as price stays below 0.004183, bears remain in control. A breakdown below 0.004160 could intensify the fall.
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