$LPT Alert: Primed for a breakout or a breakdown? 🚀📉
Livepeer is at a critical juncture, trading around $2.85 after a significant pullback. Market sentiment is bearish, but key technical levels and upcoming catalysts are in focus.
$LPT Ready to fly 🕊️
Long Trade Signal 🚨
Entry: 2.83$ - 2.85$
Tps: 2.87$ - 2.90$ - 2.93$ - 2.95$ - 2.97$ - 3$ is our final target 🎯
sl: 2.80 below
Why is
$LPT on the watchlist:
· Oversold Bounce Potential: The 14-day RSI is near 32, approaching oversold territory, which can sometimes precede a short-term technical rebound.
· Critical Support Test: Price is hovering just above the major December low of **$2.78**. Holding this level is crucial; a break below could trigger further declines toward $2.50.
· Major Catalyst Ahead: The project's "Better Capital Management" initiative in February 2026 aims to overhaul tokenomics. Successful reforms could improve LPT's long-term scarcity and fundamentals.
What's your near-term target for
$LPT ? Share your analysis below! 👇
A. Bullish reversal above $3.50
B. Sideways between $2.80 - $3.20
C. Breaks support, falls below $2.50
D. Watch and see, no clear direction
click to below & buy long immediately 👇
#Livepeer #LPT #BinanceSquare #CryptoAnalysi