$LPT /USDT BEARISH REVERSAL IN PLAY – MOMENTUM LOST AFTER PARABOLIC SURGE!
After spiking aggressively to $10.78, $LPT has broken down sharply, now trading at $8.07 with a steep -18.67% daily loss. The strong red candles following the peak suggest distribution at the top, and price is currently testing support near the $8.06 zone, the 24H low.
Trade Setup (SHORT):
Entry Price: $8.00 – $8.20
Target 1: $7.55
Target 2: $7.00
Stop Loss: $8.60
Market Outlook:
The rejection from the $11.00 area and multiple failed attempts to reclaim $9.00 suggest bearish continuation. If $8.00 breaks, further downside is likely as bulls lose control. Watch for increased volume on breakdowns for confirmation.
Don’t let this vertical breakout trap you on the wrong side — enter smart before the next drop!
This is your moment — trade with trend, exit with gains.