Technical analysis by MangoMan4 about Symbol LQTY: Buy recommendation (20 hour ago)

LQTY has broken out from a descending structure and reclaimed the key support zone around $1.00–$1.10, showing early signs of accumulation and bullish strength. Currently forming a higher low structure, suggesting a potential long-term uptrend is brewing. 🔹 Technical Highlights: ✅ Clean breakout from descending trendline ✅ Retest of breakout zone holding as support (~$1.10) 🔼 Price printing bullish higher lows on the daily timeframe 🎯 Target zone: $2.70–$2.90 (major resistance from previous highs) 📌 Technical View: Strong structural base forming Pullbacks into support area could offer high R/R entries Break above $1.50 may ignite bullish continuation toward the upper target zone LQTY appears to be transitioning from accumulation to markup phase. Monitor price action and volume for confirmation of the next leg.