đŻ $LPT / USDT Technical Analysis (4H)
đ” Current Price: $8.471 (+4.79%)
đ Moving Averages:
MA(7): $7.83 â
MA(25): $7.71 â
MA(99): $7.52 â
Price is above all key MAs â momentum is back on LPTâs side.
đș Falling Wedge Breakout Just Happened
Structure: Clear falling wedge forming post-May rally
Breakout occurred with a strong bullish candle, closing above upper resistance
Volume likely increasing (not shown) â classic breakout confirmation
đ„ Technical Momentum
Wedge height projection points to a potential move toward $9.50â$10.30
MAs are converging into support, especially MA(25) and MA(99), acting as a springboard
If $8.20â$8.30 holds, bulls may charge fast toward $9+
đ§± Key Levels:
Immediate Support: $8.20 â $7.75
Next Resistance: $9.10 â $9.50 â $10.40
đ§ Trade Setup Idea:
Reentry Zone: $8.20â$8.30
Breakout Target 1: $9.50
Target 2: $10.30
Invalidation: 4H close below $7.75 or wedge apex
â ïž DYOR â Do Your Own Research.
This is not financial advice. Markets can be volatile â always trade responsibly!