$LPT ‌ (Livepeer) Technical Analysis: Explosive Breakout & Retracement Phase 🚀



​Entry Zone: $2.05 – $2.15

Bullish Above: $2.60
Target 1 (TP1): $2.40
Target 2 (TP2): $2.75
Target 3 (TP3): $3.10+

Stop Loss (SL): $1.90

​$LPT is currently navigating high volatility on the 4H chart, trading at $2.230 with a notable +10.51% daily gain. The price action features a massive vertical wick that reached a 24h high of $2.890 before facing immediate sell pressure, resulting in a significant retracement toward current levels. The asset is now searching for a floor near the $2.20 support zone to validate the strength of this breakout.

​The 24h trading volume is robust at 6.56M LPT, equivalent to approximately $15.84M USDT. This spike in activity confirms strong speculative interest in infrastructure protocols. For a sustained recovery, $LPT needs to stabilize and reclaim the $2.40 level; failure to hold above the $2.00 psychological mark could lead to a full retracement of the recent move.

#lpt #Livepeer #GateSquareAprilPostingChallenge
LPT8,33%
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