LQTY has broken out from a descending structure and reclaimed the key support zone around $1.00–$1.10, showing early signs of accumulation and bullish strength. Currently forming a higher low structure, suggesting a potential long-term uptrend is brewing.
🔹 Technical Highlights:
✅ Clean breakout from descending trendline
✅ Retest of breakout zone holding as support (~$1.10)
🔼 Price printing bullish higher lows on the daily timeframe
🎯 Target zone: $2.70–$2.90 (major resistance from previous highs)
📌 Technical View:
Strong structural base forming
Pullbacks into support area could offer high R/R entries
Break above $1.50 may ignite bullish continuation toward the upper target zone
LQTY appears to be transitioning from accumulation to markup phase. Monitor price action and volume for confirmation of the next leg.
🔹 Technical Highlights:
✅ Clean breakout from descending trendline
✅ Retest of breakout zone holding as support (~$1.10)
🔼 Price printing bullish higher lows on the daily timeframe
🎯 Target zone: $2.70–$2.90 (major resistance from previous highs)
📌 Technical View:
Strong structural base forming
Pullbacks into support area could offer high R/R entries
Break above $1.50 may ignite bullish continuation toward the upper target zone
LQTY appears to be transitioning from accumulation to markup phase. Monitor price action and volume for confirmation of the next leg.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.