$LQTY in Timeframe 1 Hour: Soaring High, But Get Ready to "Rest" First! 🚀

Hello trader friends! Have you seen the movement of LQTY/USDT in this 1 hour? It's insane how much it's risen! 🔥

Important Points:

- Strong Trend: LQTY is extremely bullish, its BOS is lined up like a train! 🚂

- RSI Overbought: It's at 70+, a sign it needs a "cool down" or a healthy correction.

- There’s a "Gap" Below: There's an FVG area around $1.48 - $1.51 and $1.41 - $1.43 that hasn't been filled. The market loves to close these kinds of "gaps".

Optimistic View:

This doesn't mean LQTY will plummet! This is just a normal correction. If it retests that FVG area (around $1.48-$1.51 or $1.41-$1.43) and shows signs of a bounce, it could be a golden opportunity to "accumulate" again before it continues to surge upwards! 📈

Cautious View:

But remember, always stay alert! If the correction is deeper than we expect, or there’s sudden news, always prepare a backup plan and a stop-loss. Don’t fomo!

Conclusion:

LQTY is currently in a healthy "pullback" phase. Keep a close eye on the FVG area below as a potential re-accumulation zone. Get ready to cast your nets if it stops by! 😉

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