#NODEBinanceTGE #BinanceTGEXNY
LQTY/USDT
š Price Overview
Current Price: $1.461
24h Change: -9.93%
24h High / Low: $1.640 / $1.379
This sharp drop indicates a strong bearish move in the last 24 hours.
š Volume and Liquidity
24h Volume (LQTY): 4.90M
24h Volume (USDT): 7.25M
The volume shows relatively active trading, though the price drop may indicate that sellers are dominating the market.
š Technical Indicators
MA60 (60-period Moving Average): $1.447
The current price is slightly above the MA60, which can act as short-term support.
MA5 and MA10 (volume-based MAs):
MA(5): 5,617.9
MA(10): 5,096.2
The declining volume bars after a spike suggest waning momentum and potential consolidation or further decline.
š Candlestick and Trend Observation
The chart shows:
An initial surge in price followed by a pullback and sideways consolidation.
Volatility is relatively high with large swings within short time frames.
A drop after the peak suggests profit-taking or market rejection at higher levels.
š§ Conclusion and Strategy
Short-term trend: Bearish with some support near the 60 MA (~$1.447)
Watch for:
Break below $1.44 ā could accelerate a downtrend.
Reclaim above $1.50-$1.55 ā sign of recovery or a bounce.
Strategy Tip:
If you're considering an entry, wait for confirmation near support or a breakout above recent resistance.
For current holders, a tight stop-loss might be wise due to volatility.