🔍 $LPT /USDT Technical Analysis (4H Chart)
📉 Current Price: $7.758 (-3.63%)
📊 Moving Averages:
MA(7): $7.596
MA(25): $8.013
MA(99): $7.274
LPT is currently sandwiched between short-term MAs and trying to find support near the MA(99). The momentum has cooled off after a sharp pump on May 29.
⚠️ Caution After Double Spike
Two major vertical moves — one above $16 and another around $9 — were followed by hard rejections and declining volume.
Price is currently consolidating in a squeeze zone, hovering just above the MA(99).
🔎 Key Technical Notes:
MA(7) is curling back upward — watch if it crosses MA(25) from below (bullish signal).
Price hasn’t lost the MA(99) yet, which may act as last support before breakdown.
A close above $8.20 could open the door for a retest of the $9 zone.
🎯 Support & Resistance Levels:
Support: $7.27 (MA99)
Resistance: $8.00 → $8.20 → $9.00
A move below $7.20 could target the $6.50 area quickly.
⚔️ Trade Setup Idea:
Long bias only if price reclaims $8.20 with volume.
Conservative traders should wait for confirmation above the descending trendline from the local highs.
Stop-loss zone: below $7.20
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!