🚀 LPT (Livepeer) Latest Update on Binance – Strategy, SL/TP, and Index Insight

$LPT (Livepeer) is showing strong bullish momentum on Binance, currently trading around $6.70, with a 24-hour gain of approximately 14% and trading volume surpassing $180 million. The price recently rebounded from a key support zone near $5.29, climbing steadily and testing resistance levels in the $6.60–$6.80 range. Livepeer, a decentralized video streaming infrastructure protocol, is gaining attention not just for its innovative use case, but also for its trading opportunities. For short-term traders, a good strategy involves entering around $6.10–$6.30, placing a Stop Loss (SL) near $5.80, which sits just below its latest support zone. The Take Profit (TP) levels are well defined: TP1 at $6.65, TP2 at $7.10, and TP3 at $7.80–$8.20, aligning with previous resistance zones. A surge in the 24-hour volume index and RSI over 60 could signal a breakout, with mid-term projections pointing toward $9 to $11 and even $12–$16 by the end of the year if momentum and adoption continue. LPT’s performance on the Binance Index is currently trending upward, supported by increased staking participation and governance activity. This makes $LPT a strong candidate for both short-term gains and long-term holds, while also being a great highlight in Binance Write-to-Earn content due to its real utility and rising on-chain engagement.