$LPT
Livepeer is gaining sharp bullish traction with a +36.66% daily surge to $5.618, backed by a notable $163.44M 24h volume. Despite long-term losses, today's momentum, paired with the last 7-day growth of 47%, signals a strong short-term breakout. A pullback to the $4.70–$5.00 zone could offer a compelling reentry.
Entry is viable above $5.55, targeting $6.20 and $6.75 as profit zones. Key support rests near $4.55, with resistance close to $6.00. Recent order flows show dominant sell pressure, yet medium-size buys show steady accumulation. Manage trades with a dynamic stop-loss strategy to secure gains and reduce downside risk.
The analysis is based on established methodologies to provide well-informed signals for potential capital growth. However, trading inherently involves risk, and market conditions can fluctuate dynamically, which is an integral part of the trading landscape.
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