$LPT /USDT FACES STRONG REJECTION AT $7.10
SHARP SPIKE MET WITH INSTANT SELLING PRESSURE 🔻
POTENTIAL SHORT-TERM TOP FORMING ⚠️
$LPT surged from $5.76 to $7.10 in a strong impulse move but is now showing early signs of exhaustion on the 1H chart. The red candle following the peak reflects a bearish rejection, suggesting a possible local top and retracement ahead.
🔴 SHORT TRADE SETUP
Entry Zone: $6.90 – $7.00
Take Profit (TP): $6.55
Stop Loss (SL): $7.15
Market Outlook:
If LPT fails to reclaim $7.10, a correction toward the $6.50 zone is likely. Watch for further weakness and loss of momentum below $6.85.