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$LQTY : Accumulation Breakout Imminent?
The technicals on
$LQTY are looking primed for a massive recovery. After a heavy flush, we’ve entered a clear accumulation phase, and the pressure is building against the upper resistance.
📉 The Setup
Base Building: We’ve established a solid floor in the $0.2600 - $0.2700 range. Every dip into this zone is being bought up aggressively.
Liquidity Grab: Price is currently hovering around $0.2922, testing the immediate local supply.
Bullish Path: I’m looking for a clean break above the $0.3000 psychological level. Once we flip that into support, the path to the main target is wide open.
🎯 Key Levels
Entry Zone: Current price ($0.2920) or on a successful retest of the $0.3000 break.
Primary Target: $0.3600 (Major Supply Zone/Green Box).
Stop Loss: Below the recent consolidation lows (~$0.2650).
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