💎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.