Technical analysis by CryptoNuclear about Symbol LQTY: Buy recommendation (9/18/2025)

On the daily timeframe (1D), the LQTY/USDT pair is showing an interesting setup. The price is currently trading around 0.862 USDT, approaching the upper boundary of a falling wedge pattern that has been developing since late July. --- 🔎 Main Pattern: Falling Wedge A falling wedge forms when the market prints lower highs and lower lows within a narrowing range. This formation is typically considered a bullish reversal pattern, often leading to an upside breakout if supported by strong volume. The wedge is tightening, signaling that the market is entering a decision phase. --- 📈 Bullish Scenario 1. Breakout confirmation: requires a daily close above the wedge resistance (~0.95–1.00 USDT) with rising volume. 2. Upside targets: Initial target: 1.07 USDT (nearest resistance). Next targets: 1.37 USDT and 1.61 USDT. If momentum extends, a larger target lies around 2.13 USDT. 3. Entry strategy: Aggressive traders may enter on the breakout. Conservative traders may wait for a retest of the breakout line before entering. 4. Risk management: place stop-loss below wedge support (~0.75–0.70) or recent swing low. --- 📉 Bearish Scenario 1. Failure at resistance: rejection at the wedge upper trendline would keep the downtrend intact. 2. Breakdown confirmation: a daily close below wedge support (~0.70–0.62). 3. Downside targets: Immediate supports: 0.70 → 0.62 USDT. Bearish extension: 0.431 USDT (previous major low). 4. Note: false breakdowns can occur on low volume, so strict stop-loss discipline is crucial. --- ⚖️ Conclusion LQTY is now at a critical decision point. A confirmed breakout could trigger a reversal with upside potential toward 1.07 → 1.37 → 1.61 USDT, and possibly 2.13 USDT in the long run. Failure to break higher or a confirmed breakdown below the wedge would likely extend the bearish trend toward 0.62–0.43 USDT. --- 📌 Trading Notes Wait for confirmation before entering — volume and daily close matter. Manage risk properly; altcoins like LQTY are highly volatile. This is technical analysis, not financial advice. Trade at your own risk. --- #LQTY #LQTYUSDT #Crypto #TechnicalAnalysis #FallingWedge #Breakout #SupportResistance #Altcoins #PriceAction