$LQTY
/USDT Trade Strategy with Trade Signals ๐ฏ ๐
Current Price: $2.36 (-12.81%)
24h Range: $2.33 - $2.72
Key Levels:
Support: $2.33 (24h low)
Resistance: $2.72 (24h high)
Trade Setup:
Entry Zone: $2.33 - $2.36 (look for support confirmation near the 24h low or a potential bounce near current price)
Stop-Loss: $2.25 (slightly below the 24h low to protect from further downside)
Targets ๐ฏ:
1. $2.50 โ Look for a retracement towards the middle range of the price action.
2. $2.60 - $2.65 โ If the price recovers, targeting the $2.60 range near resistance.
Playbook:
Bounce Play: Enter near $2.33 - $2.36 if the price holds support and starts to show signs of recovery.
Breakdown Play: If the price fails to hold above $2.33, consider a short setup with a stop-loss above $2.36.
Risk Management: Place a stop-loss at $2.25 to avoid getting caught in a further downtrend.