$LPT has retreated sharply from the $7.392 high, breaking below key moving averages and finding temporary support at $6.373. The short-term structure remains weak, with sellers defending resistance zones and pushing price under the MA7 and MA25. Unless a strong bullish breakout occurs, downward pressure is likely to persist.

Trade Setup:

Entry (Short): $6.50 – $6.55

Take Profit 1: $6.38

Take Profit 2: $6.25

Stop Loss: $6.68

Market Outlook:

Bearish momentum dominates as the market struggles to reclaim lost ground. A decisive break below $6.37 could trigger further decline toward the $6.20 zone, while recovery above $6.68 would be the first sign of strength for buyers.

#LPT #CryptoTrading #BearishTrend #PriceAction #Binance

buy and trade here on $LPT