$LQTY
USDT BULLISH BREAKOUT – CUP AND HANDLE PATTERN TARGETING NEW HIGHS
LQTYUSDT has completed a clean cup and handle breakout on the 1H chart. The bullish structure confirms a continuation pattern with strong volume, indicating buyers are aiming for higher targets in the short term.
🔑 Key Levels
Resistance: $1.650 – $1.700
Support: $1.580 | strong base support at $1.520
Current Price: $1.630
📈 Trade Setup (Long Entry)
Entry Zone: $1.620 – $1.640
Targets (TP):
➤ TP1: $1.650
➤ TP2: $1.680
➤ TP3: $1.720
Stop Loss: $1.580
💡 Market Outlook LQTYUSDT is showing a strong upward breakout from its cup and handle formation, backed by a clean bullish trend and +9% daily increase. As long as price holds above $1.580, continuation towards $1.700+ is expected. Breakdown below $1.580 will invalidate this bullish setup.
⚠️ Risk Management Always risk only 1-2% per trade. Enter on retests or confirmed breakouts to avoid chasing extended candles. Maintain strict stop losses to protect against high volatility reversals.
buy and trade here on $LQTY
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