LPTUSDT
$LPT
Price structure is still trapped in the range area and the ignition signal has started to trigger near the local resistance. A short-term short opportunity is open to take advantage of a bounce back toward the support area.
Bias:
Bearish swing within the sideways consolidation range.
Trade Plan
Entry: 1.497
SL: 1.502264
TP: 1.490232
Market Evidence:
• Ignition signal has started to become active in the current price range area.
• The sideways market structure provides room to sell at resistance.
• A reentry setup is detected when price tests the upper boundary.
Risk:
• A thick whale bid wall below may potentially hold the price down.
Watch:
Monitor whether the lower support can be broken or instead triggers a bounce back.
#RADAR #Crypto #LPTUSDT
$LPT
Price structure is still trapped in the range area and the ignition signal has started to trigger near the local resistance. A short-term short opportunity is open to take advantage of a bounce back toward the support area.
Bias:
Bearish swing within the sideways consolidation range.
Trade Plan
Entry: 1.497
SL: 1.502264
TP: 1.490232
Market Evidence:
• Ignition signal has started to become active in the current price range area.
• The sideways market structure provides room to sell at resistance.
• A reentry setup is detected when price tests the upper boundary.
Risk:
• A thick whale bid wall below may potentially hold the price down.
Watch:
Monitor whether the lower support can be broken or instead triggers a bounce back.
#RADAR #Crypto #LPTUSDT
