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LPT — Range play between support & supply
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LPTUSDT is chopping inside a clear range.
Support zone: ~5.7 – 6.2 (lower blue box).
Supply / range high: ~7.6 – 8.1 (upper blue box).
Big higher-timeframe resistance sits near the $10 handle.
Plan A (mean-reversion long): Look for long setups inside/after a rejection from 5.7–6.2, or on a quick deviation below and close back inside.
Targets: 6.8–7.0 (mid-range), then 7.6–8.1 (range high).
Invalidation: A daily close below ~5.6 opens 5.2 → 4.8.
Plan B (breakout): If buyers reclaim 8.0 with momentum and hold it as support, expect a squeeze toward 9.0 then 10.0.
Risk: Keep position size modest; cut fast if invalidated. Let winners scale out at targets.
All Strategies Are Good; If Managed Properly!
~Richard Nasr
