LQTY is showing a classic descending wedge pattern on the daily chart, currently at a critical breakout point. This pattern typically indicates that strong upward momentum is about to be unleashed.

Observing the current trend, once the price confirms a breakout above the wedge's upper trendline, it is likely to trigger a rapid surge. According to technical analysis principles, the upward target points to the $1.08 region, where there is a clear resistance level.

It is important to pay close attention to the volume confirmation during the breakout—moderate volume increase combined with a price breakout often leads to more sustained gains. If the volume is insufficient during the breakout, the rebound strength may be limited.

In the short term, this is a good entry opportunity window. But be sure to set a stop-loss to prevent a false breakout from leading to a decline. Market variables are numerous, so staying vigilant is always wise.