$LQTY /USDT Price Movement: Identify Long & Short Opportunities

Current Price: $2.230 (+14.18%)

Targets for Long Trades:

Target 1: $2.35 (Immediate resistance zone)

Target 2: $2.45 (Momentum continuation level)

Target 3: $2.55 (Potential breakout level)

Long Trade Signal:

Entry Point: Above $2.25 for confirmation of an upward move.

Stop-Loss: $2.20 to limit downside risks.

Strategy: Monitor for increased volume and a breakout above $2.35 to sustain bullish momentum.

Targets for Short Trades:

Target 1: $2.20 (Support retest level)

Target 2: $2.10 (Key bearish continuation zone)

Target 3: $2.00 (Critical support area)

Short Trade Signal:

Entry Point: Below $2.22 for a bearish confirmation.

Stop-Loss: $2.28 to protect against reversals.

Strategy: Look for declining volume and bearish candlestick patterns for entry.

Market Insight:

$LQTY /USDT hit a high of $2.381 before retracing to $2.230, indicating a potential consolidation phase. A decisive move above or below current levels will determine the next trend. Keep a close eye on volume and RSI levels for overbought or oversold signals.

Pro Tip: Adjust your positions according to price action and manage risk with disciplined stop-losses.

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