#LPTUSDT #CryptoAnalysis #TradingSetup #Binance #SpotTrade #Altcoin
๐ LPT/USDT Trade Idea (15m Chart)
Current Price: $8.253
24h High: $9.389
24h Low: $8.195
Trend: Downtrend (Price is below MA(7), MA(25), and MA(99))
๐ข Buy Zone (Entry):
Buy between $8.20 ยฑ 0.05, preferably after a bounce confirmation from the support level.
๐ด Stop-Loss:
Set SL below $7.88 (if price breaks and closes below support)
๐ฏ Target Levels:
1๏ธโฃ Target 1: $8.60
2๏ธโฃ Target 2: $8.95
3๏ธโฃ Target 3: $9.35 โ $9.40
๐ก๏ธ Support Levels:
Primary Support: $8.195
Strong Support: $7.90
โ๏ธ Risk to Reward: Approx 1:2 to 1:3, depending on your entry and exit timing.
๐ Note:
Market is oversold and approaching key support. Wait for confirmation before entering. If price fails to hold $8.195, lower levels might come into play.