After a continuous decline, the price has experienced a technical rebound, but the overall bearish structure remains unchanged. When the price tests a critical supply zone formed by previous resistance and medium-term moving averages, selling pressure is expected to re-enter. Liquidity feels heavy, supply is dominating, and any upward movement is viewed as a better entry point for short positions, which typically favors the continuation of the downtrend.
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$LQTY Short-term rebound in a bearish trend, with the price approaching a key resistance zone.
Go short $LQTY now
Entry: 0.2916 – 0.3020
Stop Loss: 0.3050
Take Profit 1: 0.2770
Take Profit 2: 0.2700
Take Profit 3: 0.2600
After a continuous decline, the price has experienced a technical rebound, but the overall bearish structure remains unchanged. When the price tests a critical supply zone formed by previous resistance and medium-term moving averages, selling pressure is expected to re-enter. Liquidity feels heavy, supply is dominating, and any upward movement is viewed as a better entry point for short positions, which typically favors the continuation of the downtrend.
Trade $LQTY here 👇