Based on the chart provided for the $LQTY /USDT pair on the 30-minute timeframe, the price has shown a strong recovery after hitting a low of 1.434, followed by a significant upward movement toward 1.586. This indicates a potential bullish sentiment in the short term.

Analysis:

1. Entry for Long: Wait for a pullback near the 1.55–1.56 support zone to confirm the trend. If the price holds above this level, it may provide a good entry point for a long position.

2. Stop Loss (Long): Place the stop loss slightly below the 1.53 level to minimize risks in case of a breakdown.

3. Target (Long): The immediate resistance level is around 1.60, with a potential breakout pushing the price toward 1.62–1.63.

4. Entry for Short: If the price fails to sustain above 1.59 and shows signs of rejection, consider entering a short position around the 1.58–1.59 zone.

5. Stop Loss (Short): Place the stop loss above the 1.61 level to safeguard against an upside breakout.

6. Target (Short): The nearest target for a downside move is 1.55, followed by 1.50 if selling pressure intensifies.

Summary:

The market is currently in a recovery phase with bullish potential. Long entries near the support level (1.55–1.56) are favored unless a breakdown occurs. Risk management through appropriate stop losses is crucial, as the market could reverse. Monitoring the volume and price action for further confirmation is recommended.

#CryptoETFNextWave #DollarRally110 #GuessBTCsBottom #USJobsSurge256K #10DaysToTrump