📉 $LPT Slips Post-Surge — Is the Hype Fading or Just Cooling Off?

Current Price: $7.844

Latest Move: -0.60% in the last candle

Recent Highs: Above $15, followed by fast rejections — clear pump and dump cycle cooling.

📊 Moving Averages:

7 EMA (Yellow): $8.058 → Immediate resistance; currently below it.

25 EMA (Purple): $8.299 → Mid-level cap confirming the short-term downtrend.

99 EMA (Blue): $7.067 → Still holding as bullish structural support zone.

🔍 Technical Overview:
✅ Bullish Potential (Short-Term Relief):

If LPT can bounce above $8.10, a quick move to retest $8.70 or even $9.20 is possible.

Volume needs to return; candles look weak and indecisive for now.

❌ Bearish Risks:

Clear descending structure since blow-off top near $15.

Failure to reclaim $8+ = risk of retest toward the $7.20–$7.00 range (near 99 EMA).

Breakdown of the 99 EMA opens the gates to $6.40–$6.00.

🧠 Sentiment:

Classic post-pump correction. Unless new catalysts or breakout above 25 EMA come in, this remains a "wait and see" zone — bulls need confirmation.

DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!