$LQTY

📊 Chart Overview – LQTY/USDT (4H, Binance):

📍 Current Price: $1.134

🔻 Downtrend Line: Strong descending trendline still acting as resistance.

🟥 Demand Zone (Support): $0.91 – $0.96

🟢 Scenario Projection: Price might retest the demand zone before attempting a bullish reversal (marked by the black curved arrow).

🔍 Key Observations:

Trend Structure:

Price has been respecting a descending trendline since the $1.65+ top. Recent rejection from the trendline suggests sellers are still active.

Price Reaction Zone:

The highlighted support zone ($0.91 – $0.96) has a history of strong buying and breakout behavior. If price drops into this region again, it may trigger a bullish reversal or bounce.

Bullish Opportunity:

If price taps into the demand zone with a long wick / strong candle close, it could be a high-probability entry for long setups.

Potential upside: $1.20 – $1.30 range.

Invalidation:

A clean break below $0.91 would invalidate the bullish scenario and signal further downside.

📈 Trade Idea (Hypothetical):

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⚠️ Reminder: This is not financial advice – always use your own risk tolerance and confirmation tools (volume, candle close, etc.).