$LPT – Explosive movement with strong volume! 🚀📈
It has risen nearly by +20% and is now consolidating below the resistance level of 7.1. The breakout from the 6.00 area was supported by a strong upward push, followed by healthy accumulation signs and continuation. Volume remains strong, and the bears are defending higher levels - a clear sign of strength.
Trading Setup
Entry Zone: $6.80 - $6.95
Target 1: $7.20
Target 2: $7.60
Target 3: $8.00
Stop Loss: $6.55
📌 Professional Tip: Look for a 30-minute candle close above $7.10 for confirmation. Volume breakdown along with higher lows = high probability continuation!
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