$LQTY DeFi Rockets Upward: Targets in Sight 🎯! 🚀
On the 1h timeframe, $LQTY currently at $0.761, up by a solid +6%! The 24h high is $0.765, with a volume of 1M LQTY and 1M USDT. The RSI is very high at 78, indicating strong buying pressure.
✅ Key Observation:
#LQTY is showing strong upward momentum on the 1-hour chart, testing its 24h high.
next Next Potential targets:
🎯 $0.765 (24h high - immediate resistance)
🎯 $0.770 (potential next resistance level)
🎯 $0.780 (potential further resistance if upward movement continues)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $0.750 (potential near-term support zone)
🛑 Stop Loss: $0.745
📈 **Potential Price Path in the Next Hours/Days:**
#LQTY is exhibiting strong upward momentum as it challenges its 24-hour high of $0.765. A sustained break above this level with increasing volume could lead to a rapid move towards the $0.770 resistance and potentially extend towards the $0.780 mark. This positive movement would likely confirm continued interest within the DeFi sector. However, given the high RSI, be prepared for potential volatility and a possible pullback if the buying pressure wanes. A stop loss is suggested below the identified support level to manage risk.
Buy and trade here on $LQTY