Currently, $LQTY /USDT is trading at $1.899, following a period of consolidation after a recent upward movement. The price is maintaining its position above key support levels, and market sentiment indicates that bulls are targeting a breakout above resistance. A successful breakout could propel the price toward higher levels, but a failure to hold support could suggest a potential pullback.
Trade Scenarios:
Bullish Scenario:
Entry: $1.899
Take Profit (TP 1): $1.950
Take Profit (TP 2): $2.000
Take Profit (TP 3): $2.050
Stop Loss (SL): $1.850
Bearish Scenario:
Short Entry: Below $1.850
Target: $1.800, $1.750
Stop Loss (SL): $1.920
Market Outlook: A breakout above the $1.950 resistance level would open up potential targets at $2.000 and $2.050. Conversely, if the price falls below $1.850, it could lead to a decline toward the $1.800 and $1.750 levels. It’s important to monitor trading volume for confirmation of the prevailing trend.
Key Takeaways: Remain vigilant and disciplined in your trading approach. Proper risk management is crucial. For further updates and insights, follow our channel.
Have another coin in mind? Drop the pair below for analysis!
#LQTY/USDT #LQTYTrading #MarketPullback #TrumpMarketInsights 
