Bearish Reversal in Motion ๐ฅ
Current Price: $0.003959 (+3.77%)
Timeframe: 30m Chart
$IQ just faced strong rejection from the $0.00405 resistance after a sharp move up. Now we're seeing red candles and fading volume โ a classic short-term top setup! ๐
๐งจ Short Setup
Entry Zone: $0.00397 โ $0.00402
TP1: $0.00390
TP2: $0.00385
TP3: $0.00378
Stop Loss: $0.00408
๐ก Pro Tip: Ideal entry would be a retest of the $0.004 zone โ look for strong bearish confirmation (especially increasing red volume).