LPTUSDT Inverse Head and Shoulder Pattern!👆🏾
Current Trend
LPTUSDT is currently trading above both the 100 and 200 EMA on the daily chart, indicating a gradual bullish move in the coming days.
Key Levels
- Resistance 1: $17.35
- Resistance 2: $20.00
- Resistance 3: $26.00
- Support: $12.50
Trader Sentiment
Multiple traders agree that LPTUSDT has a bullish potential, with some predicting a 5x to 10x gain this cycle. Others recommend buying LPTUSDT on pullbacks to the $10.8-$12 range, with targets at $22.338, $28.030, $33.722, $41.827, and $52.150.
Technical Analysis
LPTUSDT has broken out of a descending resistance, which is a positive momentum shift. However, a fakeout is possible if the price fails to hold above the breakout level.
Remember to always do your own research, consider your risk tolerance, and manage your funds wisely before making any investment decisions.