Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
LPT held the price range of $10.8 to $12 as strong support. The rebound showcases a decent rally toward the upper resistance trendline at $25.
The price action shows promising potential for a bullish rally if it maintains above the 200 EMA. Monitoring key support, resistance levels, and market sentiment is important to validate trading decisions.
Key levels:
- Primary Support: 200 EMA at $15.245. - Lower support: $10.8 to $12. - Resistance/Target: $25.
DYOR, NFA.
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