$LPT Crucial Retest in Play: Will Bulls Hold the Line?
$LPT is trading at $6.19, up by 3.49% on the day, but momentum appears shaky. After a sharp spike to $6.84, the price has pulled back and is now flirting with a key support area. Buyers must step in quickly—or risk losing control.
Chart Snapshot
Current Price: $6.19
24H High: $6.84
24H Low: $5.90
Volume: 2.43M (needs a pickup for follow-through)
Resistance Zones to Break
• $6.30 – Nearest ceiling
• $6.45 – Short-term breakout trigger
• $6.60 – Trend reversal confirmation
Support Zones to Hold
• $6.15 – Immediate demand zone
• $6.00 – Psychological and technical floor
Trade Outlook
Bullish Play
• Entry: Close above $6.30 with rising volume
• Target 1: $6.45
• Target 2: $6.60
• Stop Loss: Below $6.10
Bearish Play
• Entry: Break below $6.15
• Target 1: $6.00
• Target 2: $5.90
• Stop Loss: Above $6.30
$LPT is hanging in the balance. A bounce here could reignite bullish sentiment—but a breakdown below $6.15 may open the gates to deeper correction. Let price action confirm before jumping in.