$LPT
/USDT Short Trade Signal.!🚨
$LPT failed to hold above $8.75 resistance, forming a rejection wick. Price now trades below mid-range with selling pressure increasing near intraday support ($8.00). Weak bounce and fading momentum suggest continuation to the downside is likely.
Entry:
$8.20 – $8.40 (ideal on a weak bounce)
Targets:
1. $8.00
2. $7.65
3. $7.20
Stop Loss:
Above $8.80 (invalidate on strong candle close above resistance)
Key Levels:
Resistance: $8.75 / $8.90
Support: $8.00 / $7.65
Pivot Zone: $8.20 – $8.40
Pro Tip:
Watch 15m–1h charts for bearish divergence or rejection candle near $8.40. A break and close below $8.00 with rising volume strengthens downside bias. Position sizing should reflect moderate volatility—avoid overexposure.
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