$LQTY /USDT: Strong bullish start! 🔥💯
The recent breakout in LQTY/USDT confirms strong bullish momentum, with a notable price increase of 14.20% today. The current price action is at $1.834, indicating high trading volume and bullish price pressure.
Analysis:
• Entry area: $1.83–$1.85 (current level still favored).
• Short-term target: $1.96 (previous resistance and 24-hour high).
• Potential next target: $2.05 (psychological resistance).
• Stop loss: $1.75 (below the recent breakout level).
Action plan:
• Short-term traders: Consider locking in partial profits around $1.96.
• Swing/long-term traders: Hold positions targeting $2.05+ with stop-loss orders to protect capital.
Momentum and volume indicators suggest a continued uptrend. Manage risk carefully and stay informed of any resistance breaks or reversals.