🔴 $LQTY

USDT BEARISH BREAKDOWN – STRONG SELL PRESSURE UNLEASHED 🚨

$LQTY has faced a steep fall from its highs of $1.650, plunging nearly 10% down to $1.444. The breakdown is aggressive, showing sellers firmly in control with no immediate signs of reversal.

📊 Key Levels:

Resistance: $1.500 and $1.550 (previous support turned resistance)

Support: $1.442 (immediate), $1.400 (next major demand zone)

Current Price: $1.444

💥 Trade Setup (Short):

Entry: Below $1.440 (confirmation of continuation)

Take Profits:

TP1: $1.420

TP2: $1.400

Stop Loss: $1.470 (above recent breakdown candle)

🔍 Market Outlook:

Momentum remains strongly bearish with continuous lower highs and steep red candles. Unless bulls reclaim $1.500, further downside is highly probable towards $1.400.

⚠️ Risk Management:

Trade with strict discipline. Use tight stop loss and risk only 1-2% per trade to safeguard capital in this volatile market.

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💬 Comment “🟥 LQTY Breakdown” if you see this bearish momentum extending today!

buy and trade here on $LQTY