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🔥 Livepeer ($LPT ) — the leading decentralized streaming network token.
📌 Why follow it?
Empowers creators to stream live video efficiently and at low cost.
Web3 infrastructure supported by video and crypto developers.
💡 Current strengths:
Bounce opportunity from levels around $6.8–7.0, with initial resistance at ~ $7.1–7.5.
Strong technical support at $6.8; if it breaks resistance and volume increases, it could see $7.8+
📈 Quick indicators:
RSI nearing moderately overbought areas.
SMA50 is narrowing the gap with the current price, indicating the start of a new dynamic.
🔐 Risk management: Open your positions near support with a stop loss at $6.7, and set your target to break above resistance.
💬 “Streaming has become smarter, and Livepeer's capability reflects the future of content.”
🔗 Follow the coin on Binance, and stay ready for any price reversal