🔻 $LPT /USDT – Bearish Pullback After Strong Rally!
🔍 Momentum Analysis
Livepeer (LPT) is undergoing a cooling-off phase after recent highs. Price action shows a notable retracement of -9.18%, signaling short-term profit-taking and potential for a technical bounce or deeper correction.
📈 Current Price: $8.29
24h Change: -9.18%
24h High: $9.389
24h Low: $8.088
24h Volume (LPT): 3.41M
24h Volume (USDT): $29.38M
⏱️ Timestamps:
2025-06-02 11:00 → $8.520
2025-06-02 14:00 → $8.248
2025-06-02 17:00 → $8.088
📊 Long Setup (Bounce Strategy):
Entry Zone: $8.10 – $8.30
Target 1 (T1): $8.65
Target 2 (T2): $9.00
Target 3 (T3): $9.38
Stop Loss: $7.85
✅ Breakout Confirmation:
Close and hold above $9.00 with volume spike
🛡️ Key Support Zone: $8.00 – $8.10
💡 Pro Tip for Traders:
Look for bullish divergence or volume surges near support to confirm a reversal. If $8.00 holds firm, LPT may form a bullish base for the next move.