🔻 $LPT

USDT – SLUGGISH MOVE NEAR RESISTANCE, POSSIBLE SHORT-TERM PULLBACK!

$LPTUSDT is trading at $6.24, slightly up +0.21%, after testing a 24h high of $6.315. The price is hovering near the upper end of the range but showing lackluster momentum, which may hint at a minor bearish reversal if buyers fail to hold momentum.

🔑 Key Levels:

Support: $6.00

Resistance: $6.32

Current Price: $6.24

🎯 Trade Setup (Short Entry):

Entry Zone: $6.25 – $6.31

Take Profit Targets:

TP1: $6.05

TP2: $5.87

Stop Loss: $6.36

📊 Market Outlook:

LPT’s current candle formation is starting to look weak, with volume divergence and resistance overhead. MA(5) and MA(10) averages are flattening, indicating that momentum is stalling. If a rejection forms around $6.30 and price fails to reclaim it quickly, a short-term selloff could begin.

⚠️ Risk Management:

Risk only 1–2% of your portfolio. Place stop-loss above resistance wick, especially in mid-cap coins like LPT which may see sharp spikes. Always wait for a clean entry signal before acting.

💥 Comment BEAR 🐻 if you expect LPT to fade from the $6.30 zone today!

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