đš$LQTY LQTY GAINS +10.85%! BULLISH MOVE OR RETRACEMENT? đš
$LQTY is trading at $1.583, up 10.85%, after hitting a recent high of $1.649, which serves as a key resistance. Support is forming around $1.546.
đĄ KEY LEVELS TO WATCH: đĄ
Resistance: $1.649 â A breakout here could push toward $1.680+.
Support: $1.546 â A drop below this level might lead to further retracement toward $1.520.
đ OUTLOOK:
The momentum suggests that is gearing up for its next move. A breakout above resistance will likely trigger additional buying, while failure to sustain support may lead to consolidation or a pullback.
â ïž TRADING TIP:
Keep an eye on volume at resistance levels. Use tight stop-losses below $1.546 to navigate the volatility effectively.
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