$LQTY — Bears on the Ropes? Watch the Supply Break 🔎📈

[theSignalyst]

$LQTY has trended lower inside a descending channel since July. We’ve just bounced off local lows and are heading into the red supply block that overlaps the channel mid/top — this is where control can flip.

Key levels

Supply / Trigger: $0.90–$1.00 (red zone + channel top)

Support: $0.48–$0.55 (green higher-timeframe demand)

Read

Bias remains corrective while price sits below $0.90–$1.00.

A clean break and daily close above the supply would signal bulls take over and open the upside.

Scenarios

Bullish : Break → retest & hold above $0.90–$1.00 → continuation toward $1.15–$1.25, then $1.35+ if momentum expands.

Bearish : Reject at the red zone → rotation back toward channel lows, with risk of a deeper sweep if demand doesn’t step in.

Plan
I’ll look for longs only on confirmation: either a strong break–retest above $0.90–$1.00, or a high-quality reversal signal on a deeper dip. Until then, respect the channel.

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
Stick to your trading plan regarding entries, risk, and management.

Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr.