$LPT The candle rocket launches from the abyss....
$LPT Just launched from a tightly coiled base at 5.44 with full thrust towards vertical penetration. This type of parabolic rise, supported by strong volume, often indicates the beginning of a high momentum trend that traders chase with their eyes wide open.
📈 Setting up a long trade
• Entry area: 6.15 – 6.26
• TP1: 6.58
• TP2: 6.90
• TP3: 7.35
• Stop loss: below 5.98
This is a classic breakout scenario with volume. If momentum continues above the breakout wick, LPT may continue its ascent with limited resistance. Ideal for quick momentum trades and short-term swing plays.$LPT