📉 $LQTY — Bearish Short Setup | Resistance Rejection in Focus!
SHORT 🔴
📍 Entry Trigger: Rejection near $0.2178 and a breakdown below $0.2150
🎯 Downside Targets:
- TP1: $0.2130
- TP2: $0.2100
- TP3: $0.2070
📊 Market Analysis:
LQTY is trading around $0.2165 after a strong rally of more than 6%, with the 24-hour high near $0.2178. Price is now testing a key resistance zone around $0.218, where sellers could step in and limit further upside.
If resistance rejects the price and it subsequently loses $0.2150, selling pressure could increase, potentially driving a pullback toward $0.2130, $0.2100, and $0.2070.
However, if buyers reclaim $0.2178 with strong momentum, the bearish scenario could weaken and further upside may follow. Confirmation is essential before considering a short position.
🔑 Key Levels:
- Resistance: $0.2178 – $0.2180
- Breakdown Trigger: Below $0.2150
- Support Targets: $0.2130 / $0.2100 / $0.2070
- Bullish Invalidation Signal: A sustained breakout above resistance
⚠️ Risk Note: No stop loss or exact entry price was provided. Define both before entering, and avoid shorting solely because price has risen sharply. Strong momentum can continue beyond resistance.
Bearish bias: A confirmed rejection followed by a breakdown below $0.2150 could open the way toward lower support levels. 📉
Sell and Trade $LQTY here 👇
DYOR.
SHORT 🔴
📍 Entry Trigger: Rejection near $0.2178 and a breakdown below $0.2150
🎯 Downside Targets:
- TP1: $0.2130
- TP2: $0.2100
- TP3: $0.2070
📊 Market Analysis:
LQTY is trading around $0.2165 after a strong rally of more than 6%, with the 24-hour high near $0.2178. Price is now testing a key resistance zone around $0.218, where sellers could step in and limit further upside.
If resistance rejects the price and it subsequently loses $0.2150, selling pressure could increase, potentially driving a pullback toward $0.2130, $0.2100, and $0.2070.
However, if buyers reclaim $0.2178 with strong momentum, the bearish scenario could weaken and further upside may follow. Confirmation is essential before considering a short position.
🔑 Key Levels:
- Resistance: $0.2178 – $0.2180
- Breakdown Trigger: Below $0.2150
- Support Targets: $0.2130 / $0.2100 / $0.2070
- Bullish Invalidation Signal: A sustained breakout above resistance
⚠️ Risk Note: No stop loss or exact entry price was provided. Define both before entering, and avoid shorting solely because price has risen sharply. Strong momentum can continue beyond resistance.
Bearish bias: A confirmed rejection followed by a breakdown below $0.2150 could open the way toward lower support levels. 📉
Sell and Trade $LQTY here 👇
DYOR.