📉 $LPTUSDT Trading Setup – June 23, 2025
Livepeer ($LPT) is showing signs of weakness below the key resistance zone at $7.20. Bears are in control for now, but a breakout could flip the bias! Let’s break it down 👇
🔹 Current Price: ~$5.51
🔹 Support Zone: $6.50 – $6.20
🔹 Resistance Zone: $7.10 – $7.20
🔹 Breakout Target: $8.00 – $8.60
🔹 Trend: Bearish (short-term), Neutral (mid-term)
🧠 Trading Ideas:
– Short Bias: Sell near $7.00 with a target toward $6.20
– Breakout Long: Wait for a strong daily close above $7.20 with volume confirmation
⚠️ Risk Management: Use stop-loss around 5% from entry. Watch for fakeouts near resistance.
🔍 Zoom out. Trade smart. Stay updated.
#LPT #CryptoTrading #Altcoins #LPTUSDT $LPT