weslad

Lqtyusdt Trading opportunity

Long
weslad Updated   
BINANCE:LQTYUSDT   LQTY / TetherUS
LQTYUSDT exhibits a substantial breakout from a falling wedge pattern. Initial attempts encountered rejection near the internal supply level.

However, the price has since maintained a robust stance above a zone we identify as a potential strong accumulation area, presenting a favorable entry opportunity.

Buy Back Zone & Extreme Demand Zone were Highlighted as strategic accumulation zones in case of unexpected price movement.

Setup targets are visually represented on the chart, notably highlighting the external supply zone as the immediate target for further evaluation.

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Trade active:
The W pattern on Lqtyusdt is continuing, with the price currently endeavoring to test the internal supply level indicated on the chart. We have already secured a 45% profit from the previous entry zone and have identified a new buy-back zone for re-entry. It is advisable to set the stop-loss below the most recent low level.

Trade active

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