$LPT /USDT Chart Analysis

Current Price: $6.549 (-2.08%)

Key Observations:

* Recent Volatility: The chart shows a significant price drop from $6.745, hitting a 24-hour low of $6.313, and currently recovering slightly.

* Moving Averages: The price is currently below MA(7), MA(25), and MA(99), indicating a short-term bearish trend.

* Volume: Recent red candles are accompanied by notable selling volume.

Potential Next Moves:

Watch for a sustained move above the short-term moving averages for a potential bullish reversal, or a retest of the $6.313 support level if selling pressure continues.

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