Here's a simple breakdown:
Trade Setup: $LPT
Short
- Entry Price: $8.9-$9
- Leverage: Low (3x-5x)
- Targets:
1. $8.7
2. $8.6
3. $8.5
4. $8.3
5. $8
6. $7.8
7. $7.5
8. $7.3
- Stop-Loss: $9.9 (close position if price reaches this level)
This setup indicates a short sell position, aiming to profit from a potential price decline.#lpt