$IQ 's price has risen 7.403% over the past 24 hours, indicating bullish momentum.
Currently, it is testing the upper Bollinger Band at 0.003535, suggesting potential overextension and a pullback could follow.
The support level is at 0.003253, with immediate resistance at 0.00349.
If volatility is expanding, this might create trading opportunities but increases risk.
Consider placing a stop-loss just below the support level to manage downside risk.
Recommended action: wait for confirmation of a trend reversal before entering new positions or set alerts around key levels.