💣 $IQ /USDT – Bears Strike Back After Rejection! 🚨

$IQ saw a sharp rise but hit a solid wall near $0.00405, triggering a clear bearish rejection. With volume fading and red candles stepping in, momentum has flipped — ideal zone for a calculated short!

📉 Short Trade Setup:

• Entry Zone: $0.00395 – $0.00400

• Target 1 (TP1): $0.00386

• Target 2 (TP2): $0.00382 ✅

• Stop Loss (SL): $0.00408

⚡ Technical View:

Price failed to break resistance and is now showing lower highs. Bearish divergence and weakening volume confirm downside potential.

🛡 Risk Note:

Break above SL level invalidates setup. Use tight risk control and scale out on targets.

🔄 Strategy Breakdown:

This is a classic "fade the pump" short setup — price hit exhaustion after a vertical move and reversed from resistance. The bounce was weak, giving us a high-reward short opportunity within range.

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