#LPT/USDT It can go up from this zone

#LPT

The 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: 6.20
First target: 6.45
Second target: 6.78
Third target: 7.145

To manage risk, don't forget stop loss and capital management.