$LPT FAKEOUT OR FAIL? SHORT SETUP LIVE! ❗📉
$LPT spiked to $10.78 but dropped fast to $8.78 a major pullback in just hours. The 4H chart shows a long upper wick, hinting at strong rejection and a possible bull trap.
Sellers are stepping in, and volume’s fading ideal zone for short scalps.
📉 Short Setup (4H):
• Entry: $8.70 – $8.82
• TP1: $8.20
• TP2: $7.60
• SL: $9.12
⚠️ If $9.00 is reclaimed, setup is invalid. Watch for another wick to trap late buyers.