$QI
๐จ Correction After an Explosive Surge (+151%) ๐จ
The BENQI (QI) coin saw a tremendous explosive rise, exceeding 151%+, hitting a peak at 0.005080 before the price entered a correction wave and is currently trading at 0.003740.
๐ Technical Analysis:
* Trading Volume: The price move launched with strong momentum and massive liquidity, followed by a natural pullback to take profits.
* Key Resistance: The previous peak at 0.005080, followed by nearby resistance at 0.004490.
* Support Zones: The nearby local support is at 0.003470, followed by a stronger support zone at 0.002460.
๐ฏ Recommended Trading Strategies:
๐น Scenario One (Retest and Bounce):
* Entry Zone: Buy near the support zones 0.003470 - 0.003100 if bullish reversal candles appear.
* Targets: 0.004200 โฌ ๏ธ 0.004500 โฌ ๏ธ 0.005000.
* ๐ Stop-Loss: Hourly candle close below 0.002950 (to avoid losses if the decline continues).
๐น Scenario Two (Breakout Confirmation):
* Entry Zone: Buy after an hourly candle closes with clear strength above 0.005080.
* Targets: 0.005500 โฌ ๏ธ 0.006200.
* ๐ Stop-Loss: Hourly candle close below 0.004450.
โ ๏ธ Direct entry without waiting for reversal signals carries high risk! Always set a stop-loss and manage capital properly.
๐จ Correction After an Explosive Surge (+151%) ๐จ
The BENQI (QI) coin saw a tremendous explosive rise, exceeding 151%+, hitting a peak at 0.005080 before the price entered a correction wave and is currently trading at 0.003740.
๐ Technical Analysis:
* Trading Volume: The price move launched with strong momentum and massive liquidity, followed by a natural pullback to take profits.
* Key Resistance: The previous peak at 0.005080, followed by nearby resistance at 0.004490.
* Support Zones: The nearby local support is at 0.003470, followed by a stronger support zone at 0.002460.
๐ฏ Recommended Trading Strategies:
๐น Scenario One (Retest and Bounce):
* Entry Zone: Buy near the support zones 0.003470 - 0.003100 if bullish reversal candles appear.
* Targets: 0.004200 โฌ ๏ธ 0.004500 โฌ ๏ธ 0.005000.
* ๐ Stop-Loss: Hourly candle close below 0.002950 (to avoid losses if the decline continues).
๐น Scenario Two (Breakout Confirmation):
* Entry Zone: Buy after an hourly candle closes with clear strength above 0.005080.
* Targets: 0.005500 โฌ ๏ธ 0.006200.
* ๐ Stop-Loss: Hourly candle close below 0.004450.
โ ๏ธ Direct entry without waiting for reversal signals carries high risk! Always set a stop-loss and manage capital properly.
