$LPT

– BEARISH REVERSAL AFTER STRONG PUMP 🚨

The $LPT pair showed an aggressive upward spike but is now facing rejection near resistance, signalling a possible short-term bearish correction.

🔑 Key Levels

Support: $6.40

Resistance: $7.10

Current Price: $6.51

🎯 Trade Setup

Entry Zone (Short): $6.50 – $6.60 (current rejection zone)

Targets (TP):

TP1: $6.30

TP2: $6.10

Stop Loss (SL): $6.72 (above recent rejection high)

📊 Market Outlook After a sharp vertical rally, price failed to sustain above $7.00 and is forming lower highs. Unless it reclaims $6.80, the short-term trend favours sellers targeting deeper retracements.

⚠️ Risk Management Never risk more than 1-2% of your portfolio per trade. Stick to your SL strictly and secure partial profits at TP1 to lock gains systematically.

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buy and trade here on $LPT