🚀 $Q/USDT — Massive Momentum, But Is It Safe to Chase Now?
Q has made a strong comeback, trading around $0.0291 after a sharp move from the $0.0170 area. The breakout comes with rising volume, showing that buyers have stepped in aggressively. But there’s one thing I’m watching closely: RSI(14) is near 76, which signals overbought conditions and increases the chance of a short-term pullback.
📊 My Technical View:
Resistance sits around $0.0298–$0.0320, while $0.0260–$0.0270 could act as a nearby support zone. If buyers maintain momentum and volume stays strong, another push higher is possible. However, losing support could trigger profit-booking.
🟢 LONG Entry: $0.0275–$0.0285
🎯 TP1: $0.0300
🎯 TP2: $0.0315
🛑 SL: $0.0265
💡 My Suggestion: Avoid chasing green candles after such a sharp rally. Wait for a pullback and confirmation that support is holding before considering an entry.
❓ Would you buy this breakout or wait for a retest?
❓ Can Q break $0.0300 with strong volume, or is a correction coming first?
DYOR • NFA
TRADE FROM HERE
$Q
$OGN
Q has made a strong comeback, trading around $0.0291 after a sharp move from the $0.0170 area. The breakout comes with rising volume, showing that buyers have stepped in aggressively. But there’s one thing I’m watching closely: RSI(14) is near 76, which signals overbought conditions and increases the chance of a short-term pullback.
📊 My Technical View:
Resistance sits around $0.0298–$0.0320, while $0.0260–$0.0270 could act as a nearby support zone. If buyers maintain momentum and volume stays strong, another push higher is possible. However, losing support could trigger profit-booking.
🟢 LONG Entry: $0.0275–$0.0285
🎯 TP1: $0.0300
🎯 TP2: $0.0315
🛑 SL: $0.0265
💡 My Suggestion: Avoid chasing green candles after such a sharp rally. Wait for a pullback and confirmation that support is holding before considering an entry.
❓ Would you buy this breakout or wait for a retest?
❓ Can Q break $0.0300 with strong volume, or is a correction coming first?
DYOR • NFA
TRADE FROM HERE
$Q
$OGN