LPT/USDT could 10x soon — If it breaks $8.50, it may fly to $64+
🔹 Structure: Accumulation within defined range
🔹 Volume: Gradually increasing near base – sign of quiet accumulation
🟩 Accumulation Zone: $5.00 – $7.50
Price has respected this zone for weeks, with multiple wicks and strong recoveries- suggesting buyer interest and absorption of supply.
🔻 Strong Support: $3.70
Only bullish bias is valid above this zone. A weekly close below it invalidates the bullish setup.
Key Resistances: $8.50/$22.14/$64.67
Structure Bias:
Forming a macro rounded bottom- a Bullish reversal base. Breakout above $8.50 could trigger trend expansion toward higher timeframe targets.
Observation: Breakout + Retest of Resistance 1 = Momentum confirmation. Hold bias only above weekly closes above R1.