🚀 $QQQ /USDT
I am watching very closely 💰
🟢 Trend: Bullish 📈
Why? $QQQ is trading above the key 720 USDT support after a healthy consolidation. Despite a minor 0.31% pullback, the overall trend remains positive with higher lows intact. Holding above this support increases the probability of another move toward the recent highs.
🎯 Entry: 720.50–723.00 USDT (Buy on Pullback)
🔴 SL: 714.00 USDT
🎯 TP1: 729.10 USDT (+1.1% Profit)
🎯 TP2: 740.00 USDT (+2.6% Profit)
🎯 TP3: 755.00 USDT (+4.7% Profit)
📉 Potential Loss: ~0.9% (from 720.50 entry to 714.00 stop-loss)
📊 Technical Analysis: QQQ is consolidating within a bullish structure after rebounding from the 720.14 USDT support. The 720–723 USDT zone is acting as a strong demand area, while 729.10 USDT is the immediate breakout resistance. A confirmed breakout above 729.10 USDT with strong buying volume could extend the rally toward 740.00–755.00 USDT. However, a close below 714.00 USDT would invalidate the bullish setup and increase the probability of a deeper correction.
#QQQ #InvescoQQQ #Crypto #BinanceSquare #Futures #Trading
Trade with $QQQ 👇
I am watching very closely 💰
🟢 Trend: Bullish 📈
Why? $QQQ is trading above the key 720 USDT support after a healthy consolidation. Despite a minor 0.31% pullback, the overall trend remains positive with higher lows intact. Holding above this support increases the probability of another move toward the recent highs.
🎯 Entry: 720.50–723.00 USDT (Buy on Pullback)
🔴 SL: 714.00 USDT
🎯 TP1: 729.10 USDT (+1.1% Profit)
🎯 TP2: 740.00 USDT (+2.6% Profit)
🎯 TP3: 755.00 USDT (+4.7% Profit)
📉 Potential Loss: ~0.9% (from 720.50 entry to 714.00 stop-loss)
📊 Technical Analysis: QQQ is consolidating within a bullish structure after rebounding from the 720.14 USDT support. The 720–723 USDT zone is acting as a strong demand area, while 729.10 USDT is the immediate breakout resistance. A confirmed breakout above 729.10 USDT with strong buying volume could extend the rally toward 740.00–755.00 USDT. However, a close below 714.00 USDT would invalidate the bullish setup and increase the probability of a deeper correction.
#QQQ #InvescoQQQ #Crypto #BinanceSquare #Futures #Trading
Trade with $QQQ 👇