Livepeer is Heading Down
LPTUSD prices have closed last few days in red, and continue to decline. The coin is heading down since August 13. But, it might be too risky to open short trades. The safer option to open short positions is at 6.18-6.36, where the price will likely hit the resistance of the downward channel. The trade could target 5.31, the lows of August 18. The stop-loss could be set slightly above 6.63, which is the high of August 19.
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