$LPT /USDT BEARISH BREAKDOWN – PRICE BLEEDS BELOW $8.60 SUPPORT ZONE!
$LPT has sharply dropped to $8.35, breaking down from the $8.80–$8.60 support range on the 15-minute chart. After failing to sustain above $9.00, the pair has seen consistent red candles, forming lower highs and confirming heavy sell pressure as it approaches intraday lows.
Trade Setup (SHORT):
Entry: $8.40 – $8.60
Target 1: $8.00
Target 2: $7.65
Stop Loss: $8.75
Why Short?
The breakdown below $8.60, coupled with increasing bearish volume and rejection from lower highs, shows sellers are in full control. Unless bulls reclaim $8.80 quickly, the downtrend is likely to continue toward deeper support zones.
Risk Management Tip:
Stick to a disciplined SL near $8.75. Monitor price action near $8.00 for any reversal signs — this is a key level for short-ter profit-taking.
Don’t let this breakdown fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!