$LPT Overheated & Reversing Hard 📉
After a wild parabolic rally, $LPT tapped $6.45 and instantly printed a sharp upper wick classic exhaustion! Buyers look tapped out, and momentum is fading fast.
🔥 SHORT SETUP
• Entry: 6.28–6.34
• TP1: 5.95
• TP2: 5.68
• TP3: 5.40
• SL: Above 6.48
🧠 Market View:
Hourly structure just flipped. Big green candles → sharp rejection = likely top. RSI overheated, volume dropping signs of rotation from strong hands.
Watch for rejection confirmation smart shorts may dominate this cooldown.