$LPT Livepeer (LPT) recently experienced a surge to over $14 in early June, driven by listings (e.g., Upbit) and AI narrative hype. However, a sharp correction followed, bringing the price down to ~$6. High trading volumes and whale activity signaled profit-taking. Technically, LPT broke out from a falling wedge but now faces strong resistance at $10–$11, with key support at $7–$9. Short-term sentiment is mixed; maintaining above $7 is crucial for recovery. If momentum returns, targets near $10+ are possible. A drop below $7 may lead to further downside. Traders should watch volume, exchange flows, and news for direction. Volatility remains high, and consolidation is ongoing around the $6–$8 range.
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