šŸš€ $LPT USDT Analysis (4H Chart) šŸš€

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.

šŸ“‰ Bearish Outlook:

Red candles dominate, suggesting seller pressure.

RSI (not shown) likely overbought earlier; now possibly oversold, hinting at a potential bounce.

šŸ“ˆ Bullish Potential:

Support at $7.469 could act as a base if volume picks up.

A break above $7.955 might signal a reversal.

šŸ’” Key Levels: Support: $7.078, Resistance: $7.955

Watch for volume confirmation! #CryptoAnalysis #Trading #Binance