🔥 $LPT /USDT – Bearish Trend Intact, Minor Bounce Offers No Clear Reversal Yet 🔻

LPT continues to struggle below key moving averages after falling sharply from $8.82 to a low of $6.63. Despite a small rebound to $6.83, the price action remains weak and capped by major resistance levels.

🔍 Technical Analysis

• MA Status: Trading below all key MAs — MA(7) = $6.86, MA(25) = $7.29, and MA(99) = $8.13, which confirms strong bearish pressure.

• Support Zone: $6.60 – $6.65 holding as a temporary floor; a breakdown may lead to a test of $6.52.

• Resistance Zone: $6.95 – $7.30 is the major short-term resistance block.

• Price Momentum: Consolidation with low volatility; no strong bullish signal until a break above $7.30.

🎯 Trading Plan

🔴 Bearish Setup

• Entry: $6.85 – $7.00

• TP1: $6.65

• TP2: $6.52

• SL: $7.18

🟢 Bounce Play (Aggressive)

• Entry: $6.65 – $6.75

• TP1: $6.95

• TP2: $7.20

• SL: $6.52

📌 Note: Trend remains bearish until $LPT can reclaim at least the 25-period moving average with sustained volume. Patience is key — avoid chasing premature entries.

#LPT #CardanoDebate #IsraelIranConflict #BinanceHODLerHOME #TrumpTariffs $LPT