๐จ $LQTY /USDT โ DeFi Pump or Trap Ahead? ๐ฅ
$LQTY is up +12.75%, breaking above key short-term resistance with growing momentum! But is this the start of a bigger DeFi rally or a quick fade?
Letโs dive into the numbers ๐
๐ Market Overview
๐ Current Price: $1.22
๐ 24h High: $1.252
โ๏ธ 24h Low: $1.068
๐ Parabolic SAR: Pending, likely bullish confirmation near $1.15
๐ MACD Momentum: (Implied strength from price action)
MA(7): $1.210
MA(25): $1.150
MA(99): $1.184
โ Price is holding above all major moving averages โ bullish continuation in play!
๐ LQTY Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If LQTY Holds Above $1.20):
Entry: Above $1.23
Targets: $1.32, $1.38, $1.45+
Stop-Loss: $1.14
๐น Bearish Scenario (If LQTY Breaks Below $1.14):
Entry: Below $1.14
Targets: $1.08, $1.05, $0.99
Stop-Loss: $1.23
๐ Should You Hold or Sell?
โ Holding above MA(7), MA(25), and MA(99) = solid trend strength
โ 4.78M USDT volume = traders rotating into DeFi plays
โ ๏ธ Approaching key resistance at $1.25 โ watch for either breakout or rejection
๐ก Pro Tip:
๐ A confirmed breakout above $1.25 with volume could send LQTY oward $1.45+
โ ๏ธ Low volume or fakeout wicks = possible reversal toward $1.08โ$1.05 zone
๐ข Are you riding this DeFi wave or sitting this one out? Drop your plan below!
๐ฅ LIKE & SHARE for top-tier trade setups daily! ๐
