📉 $LQTY Rejection from Resistance – Pullback or Breakdown?
$LQTY recently faced rejection near the $1.15 zone after a strong bullish push, forming a local top and triggering a pullback. The price has dipped to $1.1157, testing key short-term support. If bulls fail to defend this level, we could see further downside pressure. However, a bounce here may reattempt $1.14+. Watch for volume confirmation and bullish engulfing signs before entry.
🔽 SHORT Trade Setup:
• Entry: $1.120 – $1.125
• TP1: $1.096
• TP2: $1.072
• TP3: $1.050
• SL: $1.145
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