LQTYUSDT Market Overview

• Price dropped from 0.85 to 0.806 intraday before recovering to close near 0.858 at 12:00 ET.
• Strong volume spikes confirm key breakouts and breakdowns, notably during the 22:45–00:30 ET recovery.
• RSI bottomed below 30 during the selloff, now rising into overbought territory.
• Bollinger Bands show volatility expansion as price moves between key 0.807 and 0.855 levels.
• A bullish engulfing pattern emerged at 0.824–0.832, signaling potential short-term upside.

Liquity (LQTYUSDT) opened at 0.85 at 12:00 ET–1, reached a high of 0.866, a low of 0.806, and closed at 0.858 by 12:00 ET. Total volume for the 24-hour window was 766,744.6 units, with a notional turnover of approximately $620,614.

Structure & Formations

The price experienced a significant intraday low at 0.806, rebounding to close above 0.85. A bearish breakdown below 0.833 at 20:30 ET was swiftly rejected, followed by a strong bullish engulfing pattern at 0.824–0.832. Key support levels appear at 0.807 and 0.824, with resistance at 0.845 and 0.855. A doji formed around 0.833, suggesting indecision.

Moving Averages

On the 15-minute chart, price briefly pierced below the 20 and 50-period moving averages but later closed above both. The 50-period SMA is at approximately 0.837, while the 20-period is at 0.842. Daily moving averages (50/100/200) are not yet fully available within this 24-hour window.

MACD & RSI

The MACD crossed into positive territory at the start of the recovery phase, confirming the short-term bullish momentum. RSI dropped to 28 during the selloff and has since surged to 62, indicating a potential overbought condition but not yet at a critical level. The divergence between MACD and price during the 21:30–22:30 ET period suggests fading momentum.

Bollinger Bands

Price traded near the lower Bollinger Band during the selloff and has since moved into the upper band’s vicinity. The bands have widened, reflecting increased volatility. The 20-period standard deviation sits at approximately 0.019, higher than recent averages.

Volume & Turnover

Volume spiked at 0.806 and again during the rebound at 0.824–0.832, with turnover surging to over $50,526 during the 15:15 ET candle. Notional turnover was highest during the 00:30–02:00 ET recovery phase, confirming the price rebound.

Fibonacci Retracements

Applying Fibonacci to the 0.866 to 0.806 swing, the 0.618 retracement level sits at 0.843, where the price found initial support before continuing to recover. The 0.786 level at 0.851 coincided with a consolidation period, now potentially serving as a pivot.

Liquity may continue to test the 0.855–0.863 area for bullish confirmation, with a potential pullback into 0.833–0.845 likely. However, traders should watch for a retest of 0.807, where a breakdown could accelerate bearish momentum. Volatility remains high, and sudden reversals are possible.