The current market structure is Range, indicating a consolidation phase. The directional bias is Bullish, as higher highs and lower lows are observed, and the regime is aligned with the support levels. Orderflow indicators also support this bias.
$LPT
A realistic Bullish continuation path could be a breakout above the upper resistance level at 1.85103571, with a potential target at 1.870. For this scenario to unfold, the price needs to close above the resistance level and maintain momentum.
However, there are risks associated with this scenario, including a potential reversal if the price reaches the upper resistance level and fails to break through, or a decline if the support levels are breached.
#RADAR #Crypto #LPT
$LPT
A realistic Bullish continuation path could be a breakout above the upper resistance level at 1.85103571, with a potential target at 1.870. For this scenario to unfold, the price needs to close above the resistance level and maintain momentum.
However, there are risks associated with this scenario, including a potential reversal if the price reaches the upper resistance level and fails to break through, or a decline if the support levels are breached.
#RADAR #Crypto #LPT
