IONQ Oct. 9 — Bulls Building Base Near $72IonQ, Inc.BATS:IONQBullBearInsightsBreakout Watch Toward $79–$81 🚀 IONQ has been stabilizing after a steep pullback, currently forming a base around the $72–$75 range inside a descending channel. The 15-minute chart shows a clear CHoCH pattern signaling a shift in short-term structure as price rebounds off the lower channel boundary. Buyers are stepping back in near the $72.6 liquidity zone, defending it multiple times. MACD shows early bullish momentum returning — the histogram flipped positive, and the signal lines are crossing upward. Meanwhile, the Stoch RSI is bouncing from oversold territory, confirming that momentum may carry higher if $75.5 breaks. A breakout from this descending structure could invite a rally toward $79 or higher. Support and Resistance Levels: * Immediate Resistance: $75.5 → $76.0 * Major Resistance (Target Zone): $79.2 → $81.8 * Immediate Support: $72.6 → $71.5 * Key Support Zone: $70.0 → $68.5 Technical Insights: * Descending Channel: Price nearing upper trendline — breakout potential if $75.5 clears with volume. * CHoCH Confirmation: Shows the first early reversal signal after sustained downtrend. * MACD: Turning bullish, showing momentum accumulation under the $76 breakout level. * Stoch RSI: Rising sharply from oversold, confirming short-term buyer strength. Trade Scenarios: Bullish Setup: * Entry: Above $75.5 breakout confirmation * Target 1: $79.2 * Target 2: $81.8 * Stop-Loss: Below $72.5 * Rationale: Strong CHoCH confirmation, MACD crossover, and volume base around $72–$73 suggest a bullish reversal if price breaks resistance. Bearish Setup: * Entry: Below $72.5 breakdown * Target 1: $70 * Target 2: $68.5 * Stop-Loss: Above $74.5 * Rationale: A rejection from $75.5 or failure to hold $72 could resume the downtrend inside the descending channel. IONQ is showing early signs of reversal but needs confirmation above $75.5 to trigger bullish continuation. If buyers push past that level with momentum, it could ignite a short squeeze toward $79–$81. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading. If anyone needs me to TA any stock, PM me.