MyCryptoParadise_Simon

LQTY/USDT Next Possible Move? 👀🚀LQTY Analysis

Long
BINANCE:LQTYUSDT   LQTY / TetherUS
💎 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.

💎 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.

💎 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.

💎 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.

💎 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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