📈 LQTY/USDT – Rocketing, But Caution Ahead 🚨
LQTY is on 🔥 with a massive breakout, currently trading at $1.623 (+9.22%)!
Technical Overview (1D Chart):
✅ EMA Bullish Alignment: EMA(7) > EMA(25) > EMA(99)
✅ MACD: Bullish crossover confirmed, green bars expanding
⚠️ RSI(6): 91.7 – 🚨 Extremely overbought zone
🚀 Price is well above EMA(7) & EMA(25) – strong momentum
What’s Next?
Short-term pullback likely as RSI cools down
Ideal re-entry zone: $1.45–$1.50 near EMA(7)
For holders: Consider trailing stop-loss to protect gains
🧠 My Take: Don’t FOMO at the top. Wait for the dip & let RSI breathe. Momentum is strong, but smart entries win the game.