Technical analysis by CScalp_EN about Symbol LQTY: Sell recommendation (8/27/2024)

SHORT #LQTYUSDT from $0.9188 stop loss $0.9248 15m TF. The instrument has formed a descending structure in the form of a triangle, lowering the passing volume and price highs along the trend line, which indicates the weakness of buyers and the strength of sellers. The price is being squeezed towards a cluster of support levels with several touches, behind which unrealized liquidity has accumulated. I will consider trading near the cascade and an impulse breakdown on the activity in the glass. 1TP — 0,9115 2TP — 0,9049 3TP — 0,8943