🚀 $LPT on a Bullish Run – Potential Breakout Ahead! 🚀
$LPT is trading at $15.196, with an impressive intraday gain of +10.58%. The 1-hour chart highlights strong bullish momentum, with the price rallying steadily toward key resistance levels before facing slight consolidation.
Key Levels:
Resistance: $16.00 (Immediate), $16.80 (Next Target)
Support: $14.50 (Critical Zone)
Suggested Trade Setup:
Entry Point: $15.20
Target 1: $16.00
Target 2: $16.80
Stop-Loss: $14.30
Analysis:
LPT has gained momentum after breaking through $14.50, signaling renewed buying interest. While a minor pullback is visible, the uptrend remains intact as long as the price holds above $14.50. A breakout above $16.00 could open doors to further gains, targeting $16.80.
Recommendation: Consider entering near $15.20, secure partial profits at $16.00, and let the remainder ride toward $16.80. Monitor the $14.50 level closely as a stop-loss to protect against reversals. Watch for a volume spike to confirm a breakout beyond $16.00.