LQTY is at 1.1137, with a mixed bag of indicators. It's a crunch time as we're near pivotal levels. Eyes on resistance at 1.1 and 1.32; support is strong down at 0.7795, 0.6426, and 0.4939.
The indicators speak volumes, but it’s the price action around these key levels that’ll tell the tale. Stochastic is high at 77% - tread with caution. RSI at 58% is playing it cool for now. Momentum’s whispering 'buy' with a 0.2891 reading. Volume’s not shy at a 26% escalator, and with an OBV of 3.557 million, demand’s holding steady.
The classic pivots have laid out the battlefield; now it’s down to watching how LQTY dances around these levels. Keep a close eye on the reaction at R2 (1.1), as a break beyond could shoot us towards R3 (1.32). On the flip side, if we dip, the S1 (0.7795) to S3 (0.4939) range is where the safety nets lie.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.