$Q AT A KEY DECISION ZONE
Q has delivered a very strong bullish rally from the 0.0295 low and is now testing the 0.050 area.
The next resistance levels I’m watching are 0.053 and 0.057. If momentum stays strong and buyers keep defending the breakout structure, those levels can come into play.
But after a move this aggressive, a retest or correction is completely normal before the next leg higher.
For now, the structure is still bullish, but this is the zone where I’d watch price reaction closely rather than chase.
Next resistance: 0.053, then 0.057.
Trade on $Q
Q has delivered a very strong bullish rally from the 0.0295 low and is now testing the 0.050 area.
The next resistance levels I’m watching are 0.053 and 0.057. If momentum stays strong and buyers keep defending the breakout structure, those levels can come into play.
But after a move this aggressive, a retest or correction is completely normal before the next leg higher.
For now, the structure is still bullish, but this is the zone where I’d watch price reaction closely rather than chase.
Next resistance: 0.053, then 0.057.
Trade on $Q