$LPT /USDT BEARISH FREEFALL — SUPPORT ON EDGE! ⚠️📉
LPT is sinking fast, now trading at $6.237 (-7.90%), barely holding above key intraday support. With consistent rejections from higher levels and increasing sell pressure, bears are firmly in control. 🐻
🔍 Key Levels:
Resistance 1: $6.50
Resistance 2: $6.77 🔼
Current Price: $6.237
Support 1: $6.20 🧱
Support 2: $5.85 🚨
📊 Technical Overview:
LPT broke below the $6.50 zone with strong bearish candles on the 4H chart. Momentum indicators show heavy selling, while price remains below all major moving averages — a clear bearish structure.
🔻 Trade Setup (SHORT):
Entry: $6.20 - $6.30
Take Profit 1: $6.00
Take Profit 2: $5.85
Stop Loss: $6.65
⚠️ Risk Management:
Risk only 1-2% per trade. Use stop-loss protection and don’t counter-trade the trend. 💼🔐
📉 Downtrend dominance — trade smart, trade the trend! 💣📊
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