🚨 $LPT /USDT Trendline Breakout – Bulls Gearing Up for a New Run! 🚨
$LPT just broke above a strong descending trendline on the 1H chart after weeks of consolidation around the $6.00 level. This breakout hints at a momentum shift from bearish to bullish.
📊 Current Price: $6.05
🔥 Breakout Confirmed: Above downtrend resistance
🛑 Key Support Zone: $5.88 (recent low)
🎯 Upside Targets to Watch:
Target 1: $6.35 – Immediate horizontal resistance
Target 2: $6.75 – Previous bounce zone and volume spike area
Target 3: $7.20 – Major resistance and potential breakout zone continuation
This looks like a textbook reversal setup forming. If momentum picks up with volume, LPT could move fast. Eyes on the chart!
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