🚀 $LQTY
USDT BULLISH REVERSAL ATTEMPT AFTER STRONG SELL-OFF! 🚀
The $LQTYUSDT pair is currently trading at 1.496, showing signs of a potential short-term reversal after a sharp downward move from the 1.650 zone. Buyers have stepped in near 1.380 support, pushing price back above 1.490 resistance turned support.
🔑 Key Levels:
Resistance: 1.520 – 1.550
Support: 1.380 (24h Low) and 1.450 intermediate support
Current Price: 1.496
📈 Trade Setup (Long Entry):
Entry Zone: 1.490 – 1.500
Targets (TP):
TP1: 1.520
TP2: 1.550
Stop Loss (SL): 1.470
📊 Market Outlook: The hourly chart shows a strong bullish engulfing candle off the lows, indicating buyers defending the 1.380 zone aggressively. If price sustains above 1.490 support, it may test 1.520 – 1.550 resistance zone in the coming hours.
⚠️ Risk Management: Limit risk to 1-2% of your capital per trade. Use tight stop losses to protect capital and avoid holding if market momentum shifts unexpectedly.
buy and trade here on $LQTY
✅ Trade with patience and discipline – let the setup play out with clear stops and targets!
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