$IQ has delivered a powerful +31% daily gain after breaking from its late-August accumulation base. The supplied data highlights more than 40% Open Interest growth over 24 hours, strong Binance order-book liquidity, and neutral-to-positive funding. The combination points toward a bullish momentum structure, although continuation should still be confirmed rather than chased blindly. The $0.00590 support remains the key structural reference.
๐ Bias: Bullish | ๐ฏ Entry: Confirmation within the $0.00650โ$0.00790 range | ๐ก Support: $0.00590 | ๐ง Resistance: $0.00840 | ๐ฏ Targets: $0.00990 | $0.01180 | โ Invalidation: Sustained break below $0.00510
Strategy: Breakout confirmation entry, with the supplied resistance acting as the key confirmation area.
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