$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.

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