$LPT $LPT

LPT/USDT: Strong Support at $18.275 – Could This Be the Next Big Move?

LPT (Livepeer) is currently trading at $18.275 against USDT, and the charts are showing promising signs of support at this level. With $18.275 acting as a solid support zone, there's potential for a price rebound or consolidation before any breakout. If the price stays above this key level, the next resistance lies around $22, a target that could be reached with sustained bullish momentum.

For those considering an entry, $18.275 is an attractive level to look at, with the possibility of profiting from an upward move. If the price breaks above $19.50, that would further confirm the bullish trend, pushing it toward the $22 resistance.

Entry Strategy: A long position near $18.275 offers a potential upside, with a stop-loss placed just below this support to manage risk. A more cautious approach could involve waiting for a breakout above $19.50 for more confirmation.

Livepeer’s innovative platform for decentralized video streaming is gaining traction, and if the market sentiment remains positive, $18.275 could prove to be a solid entry point for a potential rally. Stay tuned for market movements around these key levels!

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