$LPT /USDT BULLISH SURGE – BREAKOUT FROM CONSOLIDATION ZONE
LPT/USDT is showing strong bullish momentum, trading at $6.60 (+13.61%), after bouncing from the $5.76 support and surging toward the $7.10 resistance zone. With high volume and price breaking key levels, a bullish continuation looks likely if momentum holds.
🔍 Key Technical Levels:
Current Price: $6.60
Support Levels:
$6.40 – Intraday support (watch for retest)
$5.76 – Strong daily support (24h low)
Resistance Levels:
$7.10 – Immediate resistance (24h high)
$7.40 – Next target (previous structure resistance)
$8.00 – Major psychological resistance
📈 Trade Setup:
Long Entry:
On a clean breakout above $7.10 with 4H candle close and volume confirmation
OR
Pullback entry at $6.40–6.50 zone with bullish reversal signal (e.g., pin bar, engulfing candle)
Targets (TP):
TP1: $7.40
TP2: $7.90
TP3: $8.30
Stop Loss (SL):
Below $6.20 for breakout entry
Below $5.70 for deeper pullback setups
✅ Risk Management:
Risk 1–2% max per trade
Use trailing stop if trade moves into profit zone
Avoid entries during sideways consolidation without volume
📊 Note: LPT has broken out of a base range and is now trending with strong volume. If $7.10 breaks, expect rapid movement toward $7.90+. However, failure to break $7.10 may lead to a pullback to the $6.50 zone before next leg up.
Let me know if you'd like chart patterns, EMA levels, or Fibonacci targets added to your analysis!
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