📉 LPT Bearish Continuation Setup | 15M Timeframe
$LPT is in a strong bearish expansion phase after a failed blow-off top — momentum clearly favors trend continuation.
On the 15-minute chart:
Price is trading aggressively below EMA 7 / 25 / 99
❌ No bullish divergence spotted
Series of lower highs since rejection at 3.799 confirms seller dominance
Current consolidation near 3.14 looks like a bearish pause before next leg down
This structure suggests a breakdown continuation, not a reversal.
🎯 SHORT Entry Zone:
3.160 – 3.230
📌 Take Profits:
TP1: 3.050
TP2: 2.950
TP3: 2.820
🛑 Stop Loss: 3.340
📊 Bias:
Maintain a short bias as long as price stays below EMA25.
Any weak bounce into resistance = sell the rally with trend momentum.
Trade with discipline. Follow the trend.
$LPT 👇
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