๐จ $LPT "Overheat Reversal" After Parabolic Spike! ๐จ
$LPT just went full rocket ๐ hitting highs near 6.45, but that sharp wick rejection says it all โ the bulls are burning out! ๐ฅต๐ฅ Perfect setup for a tactical short play! ๐ฏ
๐ SHORT TRADE PLAN:
๐น Entry Zone: 6.28 โ 6.34 ๐ฏ
๐น Take Profit Targets:
โโ TP1: 5.95 ๐ฐ
โโ TP2: 5.68 ๐
โโ TP3: 5.40 ๐ง
๐น Stop Loss: Above 6.48 ๐ซ
๐ Market Vibes:
The 1H chart is flashing ๐จ buyer exhaustion โ massive green candles followed by a sharp reversal wick ๐. RSI likely cooked โ๏ธ and smart money is exiting the building ๐ง ๐ธ.
This could be the perfect moment to ride the cool-down wave ๐๐ผ.
#lpt #CryptoShortTrade #BearishSetupj #TradeSmart ๐ง ๐๐