đ $Q/USDT â 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 thereâs one thing Iâm watching closely: RSI(14) is near 76, which signals overbought conditions and increases the chance of a short-term pullback.
đ My Technical View:
Resistance sits around $0.0298â$0.0320, while $0.0260â$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.
đą LONG Entry: $0.0275â$0.0285
đŻ TP1: $0.0300
đŻ TP2: $0.0315
đ SL: $0.0265
đĄ 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.
â Would you buy this breakout or wait for a retest?
â Can Q break $0.0300 with strong volume, or is a correction coming first?
DYOR âą 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 thereâs one thing Iâm watching closely: RSI(14) is near 76, which signals overbought conditions and increases the chance of a short-term pullback.
đ My Technical View:
Resistance sits around $0.0298â$0.0320, while $0.0260â$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.
đą LONG Entry: $0.0275â$0.0285
đŻ TP1: $0.0300
đŻ TP2: $0.0315
đ SL: $0.0265
đĄ 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.
â Would you buy this breakout or wait for a retest?
â Can Q break $0.0300 with strong volume, or is a correction coming first?
DYOR âą NFA
TRADE FROM HERE
$Q
$OGN
