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Weekend's $LQTY move delivered solid gains for those who caught it.
Here's the critical part though: as long as price action remains below that supply zone, we're looking at a bounce structure, not a genuine trend shift. That grey area represents a major resistance cluster - think of it as where sellers are likely stacked up. Break above? Different story. Stay beneath? Just another relief rally in a larger corrective phase.
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Seriously, if it can't break through that gray resistance, just expect it to keep dropping.
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If you made profits over the weekend, don't get too cocky—this rebound is bound to correct sooner or later.
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I just want to know if the level has been broken. If it has, then there's real potential.
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To put it simply, there's still no trend—it's just the same old cycle of shaking out retail investors.
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That seller stronghold still looks pretty solid...
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Bounce after bounce, yet another rebound—this routine is getting so annoying.
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Only a breakout is real. Everything right now is just an illusion.
Only when the supply zone is broken is there a real story; otherwise, it's just repeated play people for suckers.
Who dares to catch a falling knife in that gray area... it feels like it still has to fall.
Rebound, rebound, but there's no breakthrough, it's frustrating.
Can it really break this time? It's uncertain.
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This rebound of LQTY is just a trap, the supply zone is still pressing down.
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Only a breakthrough in the gray area counts; anything said now is useless.
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Make some quick money over the weekend and run, don't get trapped, fren.
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With such strong resistance, I really don't have a bullish outlook...
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As long as it remains below that area, let the rebound be a rebound, nothing surprising.
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The correction isn't over yet, everyone; this is just the middle act.
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If the gray area doesn't break, I won't sit steady.