$LPT Overheated & Reversing Hard š
After a wild parabolic rally, $LPT tapped $6.45 and instantly printed a sharp upper wick classic exhaustion! Buyers look tapped out, and momentum is fading fast.
š„ SHORT SETUP
⢠Entry: 6.28ā6.34
⢠TP1: 5.95
⢠TP2: 5.68
⢠TP3: 5.40
⢠SL: Above 6.48
š§ Market View:
Hourly structure just flipped. Big green candles ā sharp rejection = likely top. RSI overheated, volume dropping signs of rotation from strong hands.
Watch for rejection confirmation smart shorts may dominate this cooldown.