$LPT /USDT Trading Signal – Bearish Pullback or Buy Opportunity?
Current Price: $16.491 (-2.42%)
24h Range: $16.351 - $17.281
24h Volume: 570,390.99 LPT
Observation:
LPT/USDT is experiencing a pullback after reaching a 24-hour high of $17.281. The price is approaching a key support level near $16.35, which may act as a rebound zone. Watch for further price action to determine the next move.
---
Trading Plan (1H Timeframe):
Long Entry: $16.35 - $16.50
Targets:
T1: $16.80
T2: $17.20
T3: $17.60
Stop Loss: $16.00
Alternate Plan:
If price breaks below $16.30:
Short Entry: $16.30 - $16.00
Targets:
T1: $15.80
T2: $15.50
Stop Loss: $16.60
Analysis:
MACD indicates bearish momentum with a potential for reversal near support. A break above $16.80 could signal a continuation of the uptrend, while a breakdown may push prices lower.
Strategy Advice: Scale into trades cautiously and secure partial profits near key targets. Adjust stop-loss levels to lock in gains as the price moves favorably.
#CryptoTrading #TradingSignals #LPTUSDT #CryptoReboundStrategy #USJoblessClaimsDrop