🚀 $LPT USDT Analysis (4H Chart) 🚀
Current Price: $7.469 (-0.76% on Binance)
Recent drop from $7.955 (24h high) to $7.078 (24h low) shows volatility.
Price tested the $7.469 support level, holding steady for now.
Volume spiked earlier but has tapered off, indicating reduced momentum.
7D: -33.3%, 30D: -64.48%, 180D: -63.91% – clear downtrend over longer terms.
📉 Bearish Outlook:
Red candles dominate, suggesting seller pressure.
RSI (not shown) likely overbought earlier; now possibly oversold, hinting at a potential bounce.
📈 Bullish Potential:
Support at $7.469 could act as a base if volume picks up.
A break above $7.955 might signal a reversal.
💡 Key Levels: Support: $7.078, Resistance: $7.955
Watch for volume confirmation! #CryptoAnalysis #Trading #Binance