Asset Name: LPT/USDT
Date: June 6, 2025
Time Frame: 24 Hours
Daily Opening Price: 7.94
Signal: Buy
Confidence Level: 90%
Reasons for Buying Based on the Heatmap:
There is a dense and concentrated liquidation area above the current price, specifically around the 9.00 level, which shows a clear target for the market to move towards that area to harvest liquidity.
The price dropped sharply over a full day and then began to move sideways between 7.90 and 8.00, indicating a halt in the downward momentum and the start of an accumulation phase.
The emergence of dense yellow/green lines between 8.55 and 9.10 indicates the presence of massive amounts of liquidity associated with leveraged sell positions, which are enticing targets for upward movement.
The market has gradually begun to lose selling momentum after a long correction period, meaning that the selling pressure has been absorbed.
The lack of clear liquidity below the current price indicates limited chances of a downturn in the short term.
The overall pattern reflects a transition from a downward trend to a price stability area with a potential for reversal.
The price is still below all significant liquidation levels, increasing the likelihood of an upward move to harvest this liquidity.
Horizontal support at 7.90 has been tested several times, indicating actual demand at this level.
Previous corrections were sharp but without downward acceleration in the latter half of the day, opening the door for a rapid rise once 8.10 is breached.
The recent candlestick pattern indicates the beginning of moderate buying pressure
