$IQ /USDT BULLISH BREAKOUT BUILDING ⚡
Current Price: $0.001236
Price recently tapped $0.001222 demand and showed immediate reaction. Prior swing high at $0.001332 remains the key upside magnet.
Market Structure:
Downtrend slowed near 0.00122 with signs of base formation. Compression under minor resistance suggests accumulation phase. Holding above 0.00122 keeps rebound structure valid.
🎯 LONG Trade Setup:
Entry Zone: 0.001228 – 0.001245 (buying near defended support)
📌 Targets:
TP1: 0.001265
TP2: 0.001289
TP3: 0.001332 (previous high)
TP4: 0.001380 (breakout extension)
🛑 Stop Loss:
0.001205 (below demand zone)
Key Levels:
Immediate Support: 0.001222
Major Support: 0.001200
Resistance Flip: 0.001265
Breakout Confirmation: Strong close above 0.001332
Acceleration Zone: Above 0.00138
Market Sentiment:
Selling pressure weakened near 0.00122 with quick absorption of liquidity. Volume stabilizing as price forms a base. If bulls reclaim 0.001265, momentum could build toward range highs. A decisive breakout above 0.001332 may trigger expansion toward 0.00138+.
Base forming. Buyers defending demand. Structured risk favors upside continuation.
