🚨 $LQTY

USDT BEARISH RETEST BEFORE ANOTHER DROP?

$LQTYUSDT is currently trading at $1.490, showing a failed attempt to hold above minor resistance. After a strong downtrend, price retraced but is now struggling to maintain momentum, hinting at a potential continuation to the downside.

🔑 Key Levels:

Resistance: $1.535 (24h High), $1.510

Support: $1.450, $1.380 (24h Low)

Current Price: $1.490

📊 Trade Setup (Short):

Entry: $1.495 – $1.505 (near resistance retest)

Take Profit (TP): TP1 $1.460, TP2 $1.420, TP3 $1.380

Stop Loss (SL): $1.530 (above recent highs)

💡 Market Outlook: The market remains bearish with no strong buying pressure visible on the 1H timeframe. If bulls fail to reclaim and close above $1.510, sellers may drive the price down to test previous lows.

⚠️ Risk Management: Always use strict SL to limit losses. Risk only 1-2% of your capital per trade to protect your account in high volatility conditions.

buy and trade here on $LQTY

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