$LPT /USDT ā BEARISH MOVE IN PLAY ā ļøš
LPT is showing signs of continued weakness after a sharp -6.61% drop, currently trading at $7.26. Price action broke below key moving averages and is testing lower support zones ā a bearish signal backed by momentum indicators.
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š KEY LEVELS:
Resistance š¼:
$7.55 (Near-term)
$7.89 (Major Resistance / 24h High)
Support š½:
$7.07 (24h Low / Immediate Support)
$6.80 (Next Strong Support if Breakdown Continues)
Current Price: $7.26
MA Levels:
MA(7): $7.28
MA(25): $7.31
MA(99): $7.56
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š TRADE SETUP ā SHORT OPPORTUNITY:
Entry: $7.25 ā $7.30
Target 1: $7.07
Target 2: $6.80
Stop Loss: $7.60 (Above MA(99) and key resistance)
> š§ Confirmation from MACD Bearish Crossover & Price below All Major MAs ā
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š” RISK MANAGEMENT:
Risk only
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