đ $LPT /USDT: Technical Analysis Update
đ Current Price: $18.32 (+21.06%)
đŒ 24h High: $19.59
đœ 24h Low: $14.61
LPT is riding a bullish wave with a significant 21% gain in the past 24 hours. Letâs explore its potential price journey with three key targets:
đŻ Target 1: $19.50
This is the immediate resistance level. Breaking above it could confirm bullish momentum. Watch for volume spikes at this level.
đŻ Target 2: $21.00
A mid-term target, aligning with the Fibonacci extension. Sustained buying pressure can drive the price here.
đŻ Target 3: $24.00
A major psychological level and long-term resistance. Reaching this would signal a full-fledged breakout, attracting more traders.
đ Key Insights:
RSI: Near overbought zone, reflecting strong buyer interest but cautioning for possible pullbacks.
MACD: Positive crossover on the daily chart, confirming bullish momentum.
24h Volume: 3.37M LPT / $57.12M USDT, indicating high trading activity and liquidity.
đĄ Strategy:
Bulls should aim to hold above $18.00 to maintain momentum.
Bears may look for corrections near $19.50 for short-term opportunities.
đą Community Buzz:
With its strong infrastructure and utility, LPT continues to gain attention. This rally might just be the beginning of a larger upward trend!
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