LQTY/USDT Could LQTY Bounce and Break the pattern or Break down?

💎LQTY has recently displayed noteworthy market dynamics, with a two-week consolidation period observed around the demand area.

💎 Today, there is a notable bounce in momentum, signaling a probability upward movement toward the resistance trendline of the descending channel pattern.

💎 A successful breakout above this pattern could trigger a bullish momentum, propelling the price upward and potentially reaching our target area.

💎 However, if LQTY breaks down below the demand area, it may indicate a shift back to bearish sentiment. This could lead to a continuation of the downward movement, ultimately returning to test the key support area.