$LQTY
/USDT Technical Analysis:💯🔥🔥🔥
Current Price: $1.959
Trend: Bullish (up by +2.67%)
Key Support: $1.902 (24h low)
Key Resistance: $1.973 (24h high)
Indicators:
Relative Strength Index (RSI): Indicates moderate bullish momentum, could be approaching overbought.
Moving Averages: The short-term MA is above the long-term MA, suggesting a positive trend.
Trade Signal:
Entry Point: Consider buying around $1.950 with a bullish momentum confirmation.
Target Levels:
Target 1: $1.973 (previous high)
Target 2: $2.05 (next resistance zone)
Target 3: $2.10 (higher resistance)
Momentum:
The current positive momentum could push prices toward the targets, but be cautious of overbought conditions. A good exit strategy should involve monitoring if the price breaks below $1.902.
Keep in mind that trading carries risks, and it's important to set stop losses and follow market conditions closely.