Everyone is waiting for a breakout—I am watching $LPT / USDT completing a textbook chart setup on the 2h timeframe, signaling a massive shift in short-term momentum.
SHORT (2h Reversal Setup)
Trade Plan:
* Entry Zone: 1.700 – 1.742
* SL: 1.860
* TP1: 1.615
* TP2: 1.568
* TP3: 1.480
* TP4: 1.350
Why this setup?
According to the 2h chart, $LPT is trading under localized selling pressure following a rejection near the 1.843 swing high, consolidating with a -3.44% daily adjustment. The price action is hovering right around the dynamic moving average cluster, including the MA7 (1.757), MA25 (1.746), and MA99 (1.739) lines, which are acting as immediate resistance. With a steady volume footprint (3.73M USDT volume), this breakdown setup is primed to test local liquidity pools and challenge the major structural support baseline at 1.568.
Debate:
What do you think? Will LPT aggressively break down through the 1.568 support level to accelerate the bearish momentum, or will we see a strong defense and bounce from current levels? Drop your analysis below!$LPT