Technical analysis by CryptoAnalystSignal about Symbol LPT: Buy recommendation (7/3/2025)

#LPTThe price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.We have a trend to stabilize above the 100 moving average once again.We have a downtrend on the RSI indicator that supports the upward break.We have a support area at the lower boundary of the channel at 5.77, acting as strong support from which the price can rebound.We have a major support area in green that pushed the price higher at 5.40.Entry price: 6.20First target: 6.45Second target: 6.78Third target: 7.145To manage risk, don't forget stop loss and capital management.