$LPT /USDT is testing conviction.
Price is trading at 2.877, down 1.54% on the day, pulling back from the 24h high at 2.990 after a sharp rejection. The daily range spans 2.842 to 2.990, and price is now hovering mid-range, where direction is decided, not guessed.
On the 15m chart, volatility expanded aggressively. A deep liquidity sweep below 2.85 was met with instant demand, followed by a strong rebound — but upside continuation failed to hold, signaling distribution rather than breakout. This is a market shaking weak hands, not trending cleanly.
Key levels to watch: Immediate support: 2.86–2.85
Critical support: 2.84
Resistance: 2.90–2.99
Bullish reclaim: Acceptance above 3.00
As long as price holds above 2.84, structure remains neutral-to-bullish with buyers still defending demand. A clean reclaim and hold above 3.00 is required to flip momentum back in favor of continuation. Failure below 2.84 opens the door for deeper retracement.
Volume is elevated, wicks are long, and indecision is clear. This is not a chase zone — this is a reaction zone.
LPT is at a decision point. The next move will be fast
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