📊 $LPT /USDT Technical Analysis 🔍
LPT/USDT has been displaying some exciting movement recently, making it a strong candidate for both short-term and long-term traders. Let's dive into the technicals and explore the key levels to watch!
🔑 Current Price: $15.45 (+10.24% in 24h)
The market has seen a good recovery, but the price remains volatile. Here's what we need to keep an eye on:
🎯 Target 1: $16.00
Why? LPT has recently reached a high of $15.95, and $16.00 is a strong resistance level. A break above this level could signal a continuation of bullish momentum, aiming for higher targets.
🎯 Target 2: $14.50
Why? If the price pulls back, $14.50 is a key support zone that could provide a solid entry point for potential long trades. This level aligns with previous price action and trend support.
🎯 Target 3: $13.00
Why? In case of further downside pressure, $13.00 represents a strong support area where buying interest could re-emerge. Watch for reversal signals around this level.
Key Levels to Watch:
Resistance: $16.00
Support: $14.50 and $13.00
Trend: Bullish if price holds above $14.50.