📢 Buy Recommendation | Futures | IQ/USD
🔹 Entry Point: 0.005000 - 0.005100 (After Breakout Confirmation)
🔹 Stop Loss: 0.004600
🔹 Targets:
✅ 1st Target: 0.005500
✅ 2nd Target: 0.005900
✅ 3rd Target: 0.006400
✅ 4th Target: 0.007000
📊 Trade Analysis:
The price is close to a strong support area at 0.004687.
RSI indicator shows oversold, which increases the possibility of a rebound.
In case of increased trading volumes with a break of the resistance at 0.005000, we may witness a strong uptrend.
Additional confirmation is required from the upward crossover of MA(5) and MA(10).
⚠️ Risk Management: Commit to stop loss and manage your capital wisely. The market is volatile, so trade with caution.
📅 Updates will be continuous according to the market movement!