🚀 $LQTY /USD: WATCHING FOR A POTENTIAL BREAKOUT ⚡
The $LQTY /USD pair is currently trading at $1.695, holding steady near crucial support and resistance levels. Traders should watch for any signs of a breakout or breakdown as price action approaches these key zones.
📊 Trade Scenarios:
Entry Point: $1.695
Take Profit (TP 1): $1.750
Take Profit (TP 2): $1.800
Take Profit (TP 3): $1.850
Stop Loss (SL): $1.650
Support is found at $1.650, and resistance is at $1.750. A breakout above $1.750 could lead to further gains, with targets at $1.800 and $1.850. A drop below $1.650 could indicate a bearish retracement.
📉 Market Outlook:
$LQTY/USD is testing support at $1.650, and if the price holds above this level, there’s potential for an upward move toward $1.750. A breakout above $1.750 would signal bullish momentum, while a drop below $1.650 could suggest a bearish outlook.
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