$LPT / USDT Showing Signs of Recovery on Binance - Testing Resistance! 🎬
Hey Livepeer Community and Binance Traders!
Looking at the $LPT / USDT 4-hour chart, we're seeing some positive momentum after a recent dip. Currently trading at 4.067 USDT, it's down slightly by -1.09% in the last 4 hours but still up +1.70% for the day.
After touching the 24-hour low of 3.955 USDT, $LPT appears to be bouncing back and is now testing resistance around the 4.100 USDT level. A break above this could signal further upward movement.
Key Levels to Watch:
* Resistance: The 4.100 USDT area is the immediate resistance. Overcoming this could lead to a test of the 24-hour high of 4.193 USDT.
* Support: The 24-hour low of 3.955 USDT is acting as support. Holding above this is crucial for the recovery to continue.
What's your take on LPT's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?
Let's share your analysis and trade strategically!
#LPT #Livepeer #Infrastructure #PotentialRecovery #ResistanceLevel