$LPT /USDT short trade signal 🚦 🔴
BEARISH REVERSAL AFTER PARABOLIC SPIKE!
surged from $7.52 to a peak of $10.78, showing extreme upside momentum — but the rally has cooled off sharply. Price has now corrected below $8.50 with lower highs forming on the 1H chart. This signals a potential short-term bearish reversal as bulls fail to hold gains above $9.00.
Trade Setup (SHORT):
Entry: $8.60 – $8.90
Target 1: $8.00
Target 2: $7.55
Stop Loss: $9.25
Why Short?
After a vertical pump, $LPT has broken below key mid-level support at $8.79 with weakening bullish volume. This kind of sharp rejection from the highs often leads to mean reversion toward previous breakout zones ($7.50 – $7.70). Lower highs and bearish candles support a correction.
Risk Management Tip:
Always wait for a retest of the $8.60–$8.90 zone with rejection before entry. If price breaks above $9.25 with volume, short bias is invalid.
Don’t let this breakout fake you out — wait for clean rejection and ride the move back down!
buy and trade here on