๐ $LPT /USDT Drops -7.4% โ Oversold or Opportunity? ๐ง ๐ฅ
๐๐งThe infrastructure token Livepeer (LPT) is showing some weakness โ but savvy traders are eyeing the bounce zone.
๐ฐ Current Price: $5.83
๐ 24h Low: $5.806
๐ 24h High: $6.781
๐ 24h Volume:
LPT: 2.16M
USDT: $13.6M
๐ Volume Surge Detected:
Current Vol: 32K
MA(5): 28.9K
MA(10): 30.2K
โก๏ธ Suggests incoming volatility as traders react to price dips.
๐ Support Levels:
$5.80 โ Strong near-term demand zone
$5.60 โ Last major reversal area
๐ Resistance Levels:
$6.18 โ $6.40 โ Watch for rejection
$6.78 โ Major breakout point
๐ฏ Trade Setup Idea:
Entry Zone: $5.75 โ $5.85
Stop Loss: $5.60
Target 1: $6.40
Target 2: $6.78+
๐ Market Insight:
Despite todayโs drop, LPT may be forming a bullish divergence on lower timeframes. If it reclaims $6.18 with volume, we could see a rebound rally.
โ ๏ธ High riskโreward zone. Keep your eyes on volume spikes and depth wall shifts.
#BTCPrediction #BinanceAlphaAlert #BTCbelow100k #NEWTBinanceHODLer #MarketRebound