🔥$LPT is compressing under resistance after a volume spike, and the structure favors a breakout continuation rather than a fade.
Bias: LONG 🟢
Entry: $3.1 – $3.18
Stop-loss: $2.88
Target: $3.4 → $3.60 → $4.0
Analysis:
Price is holding above SMA30 ($2.97) while pressing into SMA7 ($3.27) with rising volume ($112M). MACD stays positive and RSI near 56 shows room to expand without being overbought.
This looks like accumulation after a volatility expansion.
As long as LPT holds above $3.00, buyers keep control.
A clean push through $3.27 should trigger momentum toward $3.45–$3.70, giving solid risk-reward on continuation rather than shorting into support.
