$LQTY /USDT 1D Binance Analysis ā€“ Bearish Pullback Opportunity! šŸ”„šŸ’Æ

Current Price: $1.954 (-2.69%)

Market Insights

Trend: The price has experienced a slight pullback of 2.69%, with a 7-day decline of 4.63%. Despite the short-term dip, the overall long-term trend remains bullish with a +103.86% increase over 90 days and +124.45% over 180 days.

Support Zone: $1.90 (recent low), with $1.92 being the immediate support level.

Resistance Levels: $2.20 (previous high) and $2.50 (next resistance).

Volume Trend: Today's volume is low relative to the previous days, suggesting consolidation or indecision. The 9-period Volume SMA shows decreasing volume, signaling possible reduced market activity in the short term.

Price Action: The price has seen impressive gains in the past 90 days and the last year, but the current dip may present a short-term opportunity for traders.

Trade Setup

šŸ”µ Long:

Entry Zone: $1.92 - $1.95

Targets:

Short-term: $2.00

Mid-term: $2.20

Stop Loss: $1.85

šŸ”“ Short:

Entry Zone: $2.00 - $2.05

Targets:

Short-term: $1.90

Stop Loss: $2.10

Leverage: 5x for futures traders with disciplined risk management.

Next Move

Bullish Scenario: A break above $2.00 could signal further upside, targeting $2.20 and potentially $2.50.

Bearish Scenario: If the price fails to hold above $1.90, a deeper pullback may follow, with $1.85 being the next key support level.

Follow my predictions ā€” 93% profit guaranteed!

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