$IQ /USDT Trading Signal - Correcting After a Strong Rally!
Entry Range: $0.00830 - $0.00860
Target 1: $0.00900
Target 2: $0.00950
Stop Loss: $0.00800
Market Observation: IQ/USDT is trading at $0.008515, down 17.10% after a strong rally to $0.011157. The price is stabilizing after a sharp correction and finding support near $0.00830. A recovery above $0.00860 could signal a move toward $0.00900 and $0.00950. However, further weakness below $0.00830 may lead to additional downside.
Actionable Advice: Monitor for stabilization above $0.00860 to confirm a potential reversal. Secure partial profits at Target 1 and trail the stop-loss as the price approaches Target 2.