🚨 $IQ

USDT BEARISH BREAKDOWN – SELLERS CONTINUE TO DOMINATE

$IQ is currently trading at 0.003356 (-0.47%), showing a clear bearish structure on the 15m chart. After failing to hold above the key resistance near 0.003475, price broke down sharply and is now hovering just above its support at 0.003349. Momentum remains weak with no strong reversal signals yet.

🔻 Key Levels:

Resistance: 0.003475

Support: 0.003349 (critical intraday support)

Current Price: 0.003356

💥 Trade Setup (Short):

Entry: 0.003360 – 0.003370

Take Profit 1: 0.003340

Take Profit 2: 0.003320

Stop Loss: 0.003400

📊 Market Outlook: The market structure remains bearish with consistent lower highs and lower lows. A break below 0.003349 may trigger accelerated downside towards 0.003320. Bulls need to reclaim 0.003400 for any short-term reversal.

⚠️ Risk Management:

Risk only 1-2% of your capital per trade

Always set SL to protect against sudden volatility

🔔 Stay alert and manage your trades wisely – discipline creates consistency.

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buy and trade here on $IQ