📉 $LPT Dips Hard! Rebound Coming or More Pain Ahead? 🔍

Livepeer ($LPT ) just took a hit — currently trading at $7.925, down -4.94% in the last 24 hours. After a strong rally in the past month, LPT is now facing some profit-taking pressure.

📊 Recent Price Action (1H Chart):

Sharp rejection from $8.75 led to a drop to $7.874, the 24h low.

Currently attempting a mild bounce, but downtrend pressure is visible.

📈 Market Sentiment:

🟥 24h Performance: -4.88%

🟩 30D: Still up +65.83%

🟥 180D: Deep in red at -55.28%

⚖️ Order Book Sentiment:

Buy orders: 17.76%

Sell orders: 82.24%

Heavy selling pressure!

🧠 What to Watch:

Support Zone: Holding $7.80–7.87 is key short-term.

Resistance to Watch: Reclaiming $8.20–8.40 could signal strength.

Volume suggests caution; bulls need strong buying to regain control.

💡 Investor Insight:

$LPT 's fundamentals in the decentralized video space remain interesting, but current momentum favors bears. Look for confirmation before jumping in — or use this dip as an entry if long-term bullish.

🛑 Disclaimer:

Not financial advice. Always DYOR. Volatility cuts both ways — trade responsibly!

#LPT #Livepeer #TradingSignals #TradingInsights #ChartAnalysis