$LQTY at Decision Zone: Bull Run or Blowoff? 🚀🔻
Current Price: $0.805, near 24h high of $0.806 with a 14.6% gain.
RSI: 75.29, entering overbought territory.
Volume: Solid, with 1.97M LQTY vs $1.48M USDT, indicating strong momentum but also high risk of profit booking.
Potential Scenarios:
- Breakout above $0.810: Targets $0.840 and $0.875 with candle close and volume spike confirmation.
- Slip below $0.778: Likely retracement to $0.746 and $0.730.
Strategy:
- Avoid entry without confirmation.
- Safe move: Wait for breakout or breakdown.
Pro Tip:
- High RSI means high risk of profit-taking.
- Avoid FOMO and ride only volume-backed moves.
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