$Q STILL STRUGGLING! BEARS ARE NOT DONE YET
Exactly what we were watching! $Q is still facing strong selling pressure after repeated rejection around the 0.135–0.140 resistance zone.
Price has now slipped toward 0.1097, and the short-term correction is still active.
Immediate Resistance: 0.113–0.118
Major Resistance: 0.135–0.140
Key Support: 0.105–0.108
Next Downside Target: 0.100
Extended Downside: 0.091
Final Target $0.080
As long as $Q stays below 0.118, sellers could remain in control, with another move toward 0.10 possible.
A recovery above 0.118 would be the first sign of improving momentum, but bulls still need to reclaim 0.135 to regain stronger control.
The big rally already happened. Now the question is whether 0.10 can stop this correction.
$Q
Exactly what we were watching! $Q is still facing strong selling pressure after repeated rejection around the 0.135–0.140 resistance zone.
Price has now slipped toward 0.1097, and the short-term correction is still active.
Immediate Resistance: 0.113–0.118
Major Resistance: 0.135–0.140
Key Support: 0.105–0.108
Next Downside Target: 0.100
Extended Downside: 0.091
Final Target $0.080
As long as $Q stays below 0.118, sellers could remain in control, with another move toward 0.10 possible.
A recovery above 0.118 would be the first sign of improving momentum, but bulls still need to reclaim 0.135 to regain stronger control.
The big rally already happened. Now the question is whether 0.10 can stop this correction.
$Q