$LPT /USDT short trade signal 🚦
SHORT TRADE SIGNAL – REJECTION AFTER PARABOLIC SPIKE!
$LPT pumped aggressively from $7.52 to $10.78 but is now facing strong rejection near the top. The latest 1H candles show long upper wicks and bearish engulfing patterns, indicating selling pressure. Momentum appears to be fading after the news-driven spike.
Trade Setup (SHORT):
Entry Price: $10.10 – $10.30
Target 1: $9.51
Target 2: $8.80
Stop Loss: $10.85
Why Short?
Price has failed to sustain above the $10.70 resistance, and the current structure suggests a possible lower high forming. Volume has peaked and is now decreasing, signaling that bulls might be exhausted. If $9.90 breaks, a deeper retracement becomes more likely.
Risk Management Tip:
Use a strict stop above the wick high. Don't short blindly — wait for a clean rejection or 1H candle close below $10.00 for confirmation.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
buy and trade here on $LPT
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