MyCryptoParadise_Nathan

LPT/USDT Showing A bouncing potential back to continue upward!

BINANCE:LPTUSDT   LPT / TetherUS
πŸ’Ž LPT has recently demonstrated significant market dynamics, currently resting on the demand area and displaying signs of a bounce in recent candle movements.

πŸ’Ž This bounce suggests a potential resumption of upward momentum for LPT, with a likely scenario being a return to retest the Bearish Order Block (OB), probability representing our target area.

πŸ’Ž However, should LPT break below the demand area, the next significant level to watch for is the support area around $9.35. A breach of this support level would be considered unfavorable, indicating a continuation of the downward movement for LPT.

πŸ’Ž Upon reaching the support area, it is crucial for LPT to bounce back if it intends to sustain its upward trajectory. Conversely, if LPT breaks below the support level, it would confirm a bearish trend, potentially leading to further downward movement.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

JOIN FREEπŸ‘‰ t.me/+IaNzEzXsdiBlNDg0

πŸŽ–οΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals πŸ‘‰ shorturl.at/ikpAV
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.