$LPT Market Analysis (Based on Binance 1H Chart, May 30, 2025)
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š Current Price: $9.315
24H Change: +66.97%
24H High: $12.10
24H Low: $5.15
Volume (24H): 11.74M LPT
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š Trend Overview:
Bullish to Neutral Shift (Potential Pullback)
$LPT saw a massive rally from ~$5.15 to $12.10, a gain of over 135% in less than 24 hours.
Current price is $9.315, indicating a sharp pullback from the recent high.
Strong green candles suggest FOMO-driven buying, followed by profit-taking.
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š§ Technical Indicators (1H Timeframe):
MA(7): $8.723 (price above, still bullish short-term)
MA(25): $6.431 (price significantly above, confirms strong upside momentum)
MA(99): $5.765 (long-term support, base of breakout)
Volume: Extremely high recently ā Suggests climax buying
Latest candle: Strong rejection from $12.10, closing lower ā bearish engulfing pattern
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š Spot Trading Setup:
Entry (Buy): $8.70 ā $9.00 (near MA(7) dynamic support)
Target: $10.90 ā $12.00 (recent high re-test)
Stop Loss: $7.85 (below last breakout consolidation)
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š Futures Trading Setup:
š¹ Long Position:
Entry: $8.80 ā $9.20 (dip-buy zone)
TP1: $10.00
TP2: $11.80
SL: $7.80
Risk: Medium (after pullback, but volatility is high)
š» Short Position:
Entry: $10.00 ā $10.50 (if it bounces and faces rejection)
TP1: $9.00
TP2: $8.20
SL: $11.20
Risk: High (countering the trend, suitable only with rejection confirmation)
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š Conclusion:
Currently, LPT is in a strong uptrend with an ongoing short-term correction. The structure remains bullish, but the rejection at $12.10 hints at profit booking. A bounce from the $8.70ā$9.00 zone could resume upside. Watch closely for the next hourly candle's behavior. Volume spike and long upper wick = caution for new buyers. Perfect time for scalp long entries and counter-trend short scalps with tight risk management.
