🚨 $QI /USDT ALERT: Bounce Underway, Critical Resistance Ahead! 🚨
$QI /USDT is trading at $0.01105, showing a 9.73% increase in the last 24 hours. The price rebounded from a low of $0.01052, indicating a potential reversal.
Key Levels to Watch:
Resistance: $0.01128 – A breakout above this level could target $0.01163 and $0.01200.
Support: $0.01052 – Holding above this level is crucial for bullish momentum. A breakdown could lead to a retest of $0.01000.
Trade Setup:
Long Entry: Above $0.01128, targeting $0.01163 and $0.01200.
Short Entry: Below $0.01052, aiming for $0.01000 and $0.00975.
Risk Management:
Stop-loss: $0.01085 for long trades, $0.01120 for short trades.
Market Insight:
Momentum is building after a sharp drop, but the resistance at $0.01128 remains a significant hurdle. Monitor volume for breakout confirmation and use tight risk management as volatility persists.