LQTY In the Crucial Area. Break out the resistance or Rejected ?

💎 LQTY has undoubtedly garnered our interest, having successfully breached the pivotal $1.71 mark, shifting the momentum to a bullish trajectory. Currently, LQTY is at a decisive juncture, requiring a definitive breakout above the formidable resistance to sustain its upward course.

💎 If LQTY manages to conquer the resistance zone, securing a position above it, we could witness a substantial ascent, Probability reaching the significant supply targets with ease.

💎 However, should LQTY stumble at the resistance and face rejection, it might necessitate a retreat to the demand zone for a fresh attempt at momentum building.

💎 A concerning turn of events would unfold if, during the retest at the demand zone, LQTY fails to demonstrate resilience and rebound. Under such circumstances, there's a risk of LQTY forfeiting its hold on the demand zone, steering the course back down for further trials at the robust support levels.