$QI /USDT ā CONSOLIDATING AFTER A STEEP DROP ā ļøš¢
$QI has undergone a prolonged decline from the $0.0084 region, forming a local bottom at $0.00708.
Currently trading just above its 7MA on the 4H chart, the token shows signs of slowing bearish momentum.
However, both the 25MA and 99MA remain overhead, indicating strong resistance zones above.
Volume is low, suggesting a wait-and-watch mode from traders.
A breakout above $0.00735 may act as a first sign of strength, while a breakdown under $0.00708 could bring new lows.
š¹ Entry Zone: $0.00720 ā $0.00735
š¹ Take Profit 1: $0.00765
š¹ Take Profit 2: $0.00795
š¹ Stop Loss: $0.00700
Remain cautious ā only sustained momentum above moving averages will validate a trend shift.
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