$LPT – Relief Rally or Just a Dead Cat Bounce? ❓📉
After plunging from $10.78 to $8.55, $LPT has shown a bit of life with a green 15-minute candle, hinting at a potential short-term bounce. But is it the start of a recovery, or just a trap for late bulls?
The order book still favors sellers (~60% ask), so staying cautious is essential.
🔻 Bearish Scalping Idea (15m Rejection Strategy):
• Entry Zone: $8.85 – $8.95
• Target 1: $8.40
• Target 2: $7.90
• Stop Loss: $9.10
Watch for signs of weakness under $8.80 before jumping in — perfect for quick scalps in a shaky #CircleIPO $LPT