$LQTY /USDT BEARISH MOVE IN PLAY šØš
š Technical Analysis Overview:
$LQTY /USDT is showing bearish momentum as the price currently trades at $0.909, down 5.71% in the last 24 hours. The pair has failed to hold above key support zones and is now leaning towards further downside.
š Key Levels to Watch:
Resistance Levels:
šŗ $0.950 ā Immediate resistance
šŗ $1.000 ā Strong psychological resistance
šŗ $1.050 ā Major resistance if recovery starts
Support Levels:
š» $0.899 ā Immediate support (tested)
š» $0.850 ā Next support zone
š» $0.800 ā Strong support and key bounce zone
š Current Price: $0.909
The price is stuck below key resistance and has tested the support zone around $0.899. A breakdown could lead to further losses.
šØ Trade Setup ā SHORT ENTRY:
Entry: $0.910ā0.905
Stop Loss (SL): $0.955
Take Profit (TP):
šÆ TP1: $0.850
šÆ TP2: $0.800
š”ļø Risk Management:
Use 1ā2% of your capital per trade. Maintain strict SL discipline and avoid over-leveraging. This setup favors short-term bears ā manage trades actively.
š Stay alert, trade smart!
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