$LQTY /USDT – Bearish Reversal in Progress
Entry Zone: $2.12 - $2.14
Targets: $2.00 / $1.90 / $1.80
Stop Loss: Above $2.20
Market Insights:
LQTY/USDT has shown a sharp rejection from the $2.27 resistance level, signaling a potential bearish reversal. The price is currently trading near $2.14, with increased selling pressure. Key support zones to watch are $2.00 and $1.90, with a further breakdown potentially targeting $1.80.
Next Move:
Confirm bearish momentum with a close below $2.12 before entering short positions. Manage risk by placing stop losses above $2.20 and consider booking partial profits near $2.00 and $1.90.
