✅ Livepeer (LPT) Spot Scalping Plan
📊 Current Snapshot (as of today):
Price Range: ~$7.70 to $8.10
24h Volume: Strong — supports easy entry/exit
Trend: Pullback from recent highs ($7.5)
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📈 Entry Strategy
🔹 Ideal Buy Zone: $7.50–$7.70
Wait for a dip into this zone with visible support or volume bounce.
Use 5-minute candlestick confirmations (e.g., a bullish engulfing or hammer near $7.55).
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🛑 Stop-Loss Placement
Set SL just below recent support: $7.30
Why: This gives ~20–40 cent breathing room while protecting from sharp drops.
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🎯 Take-Profit (TP) Targets
Target Price Potential Gain
TP1 $8.30 +7–10%
TP2 $9.00 +15–20%
Scalping Tip:
Sell 50% at TP1, move your stop-loss to break-even, and let the rest ride to TP2.
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⚖️ Trade Setup with $25
Metric Value
Entry Price $7.60 (example)
Quantity ~3.28 LPT ($25 ÷ 7.60)
SL Risk $0.30 × 3.28 ≈ $1.00
TP1 Gain $0.70 × 3.28 ≈ $2.30
Risk/Reward ~1:2.3 or better
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📉 When NOT to Enter
Avoid entry if:
Price breaks below $7.30 with strong red candles.
Volume is flat or dropping — low momentum = trap risk.
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📍 Suggested Indicators to Watch (Optional)
5-min RSI: Look for <30 for oversold entry.
EMA 20 & 50: Cross above with volume = good confirmation.
VWAP: Stay near or bounce above VWAP line on entry.
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🔔 What You Can Do Now
1. Set alerts at:
$7.60 (buy zone)
$8.30 and $9.00 (TP levels)
2. Place limit buy if you want passive entry.
3. Monitor Binance chart (5m or 15m) during active trading hours (US or EU market opens often have better volume).