$LPT ALERT!
The bulls just got liquidated — $9.71K long positions wiped out at $5.201! Blood on the charts means opportunity is near. Time to get sharp.
Is this the calm before the $LPT storm? Let's dive in:
Technical Analysis:
Massive long liquidation at $5.201 hints at panic-selling and weak hands getting shaken out.
Price is hovering around a key demand zone, setting the stage for a possible bounce.
RSI is cooling down near oversold levels, showing signs of a potential reversal.
Volume spikes during the liquidation event indicate capitulation — a common reversal signal.
LPT Buy Zone:
$4.95 – $5.15
This zone is historically strong support and also near the liquidation level — giving smart entries.
Targets:
Target 1: $5.58
Target 2: $6.10
Target 3: $6.65
These levels line up with resistance zones and Fibonacci retracements from the recent downtrend.
Stop Loss:
$4.75
Placed below the demand zone — if it breaks, we step back. Let the whales bleed, not you.
Pro Tip:
Big liquidations often lead to vicious reversals. Watch for volume confirmation and engulfing candles. Don’t chase — enter with logic, not emotion.
Caption idea for your YouTube or X post:
> "BOOM! $LPT longs liquidated — now it's OUR TURN!
Smart money waits for blood. We see the bounce forming.
Eyes on $4.95-$5.15. Targets are juicy. Ride it or regret it.