$LQTY
/USDT Technical Analysis💯🔥
Current Price: $1.968 (+9.21% in 24 hours)
Trend: Bullish momentum as the price is increasing, with recent gains of 9.21% in the last 24 hours.
Support: Around $1.792 (24-hour low).
Resistance: Immediate resistance at $2.006 (24-hour high).
Key Levels:
1. Target 1 (Short-term): $2.05
Just above resistance. If momentum continues, this is the next potential resistance level.
2. Target 2 (Mid-term): $2.10
A potential breakout zone. Based on the rising trend, this is a reasonable target.
3. Target 3 (Long-term): $2.20
If bullish momentum extends, this could be a strong area of resistance and a target for a medium-term uptrend.
Trade Momentum:
Bullish Momentum: Increasing buying volume and price rise indicate strong upward momentum.
Possible Risk: Watch for a pullback towards $1.90. If it fails to hold this level, the price might revisit the support at $1.792.
Trade Signal:
Buy: Around $1.95–$1.97, aiming to target $2.05, $2.10, and $2.20.
Stop-Loss: Around $1.85 for managing risk.