MyCryptoParadise_Simon

LQTY/USDT Next Possible Move? ๐Ÿ‘€๐Ÿš€LQTY Analysis

Long
BINANCE:LQTYUSDT   LQTY / TetherUS
๐Ÿ’Ž Paradisers, prepare for a promising trading opportunity with LQTYUSDT. The asset is currently exhibiting notable activity in the demand zone, which could be a precursor to an upward trend.

๐Ÿ’Ž Liquity has been consistently following a trading channel pattern. Its recent breakout above this channel suggests a climb towards a resistance level, followed by a swift pullback, in line with its established trading pattern.

๐Ÿ’Ž There's a significant chance of a bullish trend starting from the support level at approximately $1.40. Having effectively broken out of the trading channel in an upward direction, LQTY is now setting its sights on resistance levels around $1.80.

๐Ÿ’Ž Precise timing is essential for astute Paradisers. It's crucial to pinpoint the most advantageous entry points during this upward trend and to remain cautious about entering at the peak.

๐Ÿ’Ž Remain vigilant, as there is a risk of LQTY falling below the support level of $1.40. A decline below this key level may raise concerns about the viability of the ongoing upward trend.

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