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$LPT /USDT is showing strong signs of recovery after hitting a low of $5.155, with a 19.47% price surge, currently trading at $7.282. The 24-hour high stands at $8.090, indicating bullish momentum. The Bollinger Bands show the price breaking above the lower band, suggesting a potential reversal from its downtrend.
Trade Signal:
Entry Zone: $7.00 - $7.30
Target 1: $8.50
Target 2: $9.80
Stop Loss: $6.50
Trading Strategy:
With increasing volume and price bouncing from oversold levels, this setup presents a good opportunity for short-term gains. A break above $7.60 could confirm further upside potential. However, traders should place a strict stop-loss at $6.50 to manage risk. If the momentum continues, LPT could retest higher resistance levels near $9.80.
Trade wisely and always manage your risk effectively!