$QQQ is trading at 709.08, down 0.95%. The decline is relatively controlled, but buyers still need to reclaim nearby resistance. I’m watching for a steady recovery rather than an impulsive entry.
Trade Setup — LONG
Entry Zone: 707.00–709.20
Target 1: 712.00
Target 2: 715.00
Target 3: 718.00
Stop Loss: 703.80
This trade works if support holds and momentum improves. A sustained move below the entry zone would invalidate it