$LPT at a Critical Juncture on Binance: 4-Hour Chart Insight ๐Ÿ“Š

Greetings, crypto community! ๐Ÿ˜Š As of June 1, 2025, 03:38 AM CEST, Livepeer (LPT) is navigating a pivotal moment on Binance. Priced at $9.135 (down 24.34% in 24h), the 4-hour chart reveals a steep decline, testing a key support at $5.150. RSI at 45.102 indicates neutral momentum, but a bearish MACD (-0.114) and EMAs (7: $9.630, 25: $8.450, 99: $6.564) suggest caution. If support holds, a rebound could target $8.450; otherwise, a drop to $4.500 is possible. My advice: monitor $5.150 closely and set stop-losses to manage risk. Whatโ€™s your strategy? Share below ๐Ÿ‘‡

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Not financial advice. DYOR!