๐ $LQTY /USDT โ Daily Chart Analysis
Liquidity (LQTY) is showing strong bullish momentum with a clean breakout above all major moving averages:
MA7: $1.36 โ
MA25: $1.09 โ
MA99: $0.82 โ
The price is currently sitting at $1.62, after breaking a multi-month descending structure. Volume is rising, confirming strength behind the move.
๐ฏ Target Levels:
Target 1 โ $1.90
โค Minor resistance zone from January 2025
Target 2 โ $2.30
โค Previous local peak from December 2024
Target 3 โ $3.00
โค Psychological round level + major horizontal resistance
๐ก๏ธ Support Levels:
$1.36 โ MA7 and short-term structure support
$1.10 โ MA25 and retest zone if correction occurs
๐ฌ Commentary:
LQTY appears to be forming a classic rounded bottom with a breakout confirmation. As long as the price holds above $1.36, bulls are in control. However, keep in mind that LQTY tends to move in sharp vertical bursts, so profit-taking zones should be respected.
๐ง Note: Previous runs have shown short-lived spikes followed by long consolidation, so be strategic.
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Markets can be volatile โ always trade responsibly!
