LQTY/USDT Could LQTY Bounce and Break the pattern or Break down?
💎LQTY has recently displayed noteworthy market dynamics, with a two-week consolidation period observed around the demand area.
💎 Today, there is a notable bounce in momentum, signaling a probability upward movement toward the resistance trendline of the descending channel pattern.
💎 A successful breakout above this pattern could trigger a bullish momentum, propelling the price upward and potentially reaching our target area.
💎 However, if LQTY breaks down below the demand area, it may indicate a shift back to bearish sentiment. This could lead to a continuation of the downward movement, ultimately returning to test the key support area.
💎 Today, there is a notable bounce in momentum, signaling a probability upward movement toward the resistance trendline of the descending channel pattern.
💎 A successful breakout above this pattern could trigger a bullish momentum, propelling the price upward and potentially reaching our target area.
💎 However, if LQTY breaks down below the demand area, it may indicate a shift back to bearish sentiment. This could lead to a continuation of the downward movement, ultimately returning to test the key support area.
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