Massive $LPT Short Liquidation Detected: $1.0685K Liquidated at $7.808
#MarketPullback 🕉️ Buy and trade here 👇
Buy Zone: #spot
$7.80 $8.10 (ideal re-entry on pullback near former resistance turned support)
Targets:
Target 1: $8.40
Target 2: $9.10
Target 3: $9.95
Stop-Loss:
$7.29 (below the recent breakout and invalidation of bullish structure)
The bears just got wiped out. A sudden short squeeze has pushed $LPT above key resistance levels, triggering liquidations worth over a thousand dollars. This breakout could be the start of a much larger move.
Analysis Overview:
$LPT is flashing signs of strength after liquidating aggressive short positions. The $7.808 level, once acting as a resistance zone, has now turned into a key pivot area. Momentum is shifting in favor of bulls, and we could see explosive price action in the coming hours.
Technical Insight:
Volume spike + liquidation + reclaim of a major level = bullish cocktail. The liquidation wick at $7.808 has confirmed that sellers are trapped. If price sustains above $7.80 with healthy volume, expect continued upward momentum. Watch for short-term consolidation before the next leg higher.
This is not just a pump. It’s a statement. Shorts got hunted, and now bulls have the upper hand. Stay sharp, trade smart.