Bullish Structure Breakdown – $LQTY /USDT

Entry Zone: $1.22 – $1.25 (on dips)

Confirmation Entry: Break and close above $1.35

Stop-Loss: Below $0.85

Target 1: $1.45

Target 2: $1.60

Target 3: $1.85

📈 Bullish Arguments:

Higher Low Formation (Possible)

After the recent peak (~$1.60), price corrected to ~$1.17 and bounced.

If this bounce holds above $1.17, it will form a Higher Low (HL) → bullish structure continuation.

200 EMA Flip (Green Line)

Price is currently riding above the EMA, which is curving upwards → bullish dynamic support.

Breakout-Reclaim of Previous Resistance

The horizontal zone around $1.15–$1.18 acted as resistance for months.

It has now flipped to support, which aligns with classic breakout-retest-rebound patterns.

Volume Spike Near Support

Prior spikes in volume near support zones suggest accumulation.

The current correction happened on lower volume = healthy pullback.

Consolidation Inside a Bull Flag/Pennant

The structure between $1.15 and $1.30 resembles a bullish continuation flag.

A breakout above $1.35–$1.40 confirms further upside.

🔄 Key Bullish Confirmation to Watch:

Daily candle close above $1.35 with strong volume = breakout confirmation

RSI above 50 with upward curve

Strong bullish candle with long body + no lower wick

Trade $LQTY