$LPT /USDT short tread signal 🚦 🔴
SHORT TRADE SIGNAL – STRONG REJECTION FROM LOCAL PEAK!
$LPT pumped sharply to a high of $8.500 but quickly faced rejection, forming a tall wick and rolling over into a clear lower high structure. The current 15m chart shows a bearish pullback pattern with weakening bullish follow-up, suggesting the top may already be in for this move.
Trade Setup (SHORT):
Entry: $7.85 – $8.05
Target 1: $7.60
Target 2: $7.35
Target 3: $7.10
Stop Loss: $8.52
Why Short?
After a strong vertical rally, $LPT has failed to sustain momentum above $8.50. The sharp drop and bearish engulfing candles show that sellers stepped in aggressively at the top. Without strong recovery candles or volume support, this setup favors a retracement toward lower support levels.
Risk Management Tip:
Always respect your SL. Secure partial gains near TP1 and trail stops for extended downside movement. Avoid re-entering unless structure breaks further down.
Sell smart — don’t chase green candles when the trend is turning red!
Don’t let this breakdown slip away — act early and capture the fall on $LPT!
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buy and trade here on $LPT