Livepeer Faces Bearish Setup as LPT Retraces to Orderflow Zone Targeting $5.766

Livepeer trades within a bearish structure, where retracement into the orderflow zone at $5.985 provides a textbook short entry opportunity.

External liquidity sweep has triggered stop-loss clusters, fueling downside momentum with a liquidity target set at the previous day’s low, $5.766.

Market remains bearish, confirmed by lower highs and lower lows, with the orderflow zone shaping near-term trading decisions for short sellers.

Livepeer (LPT) has entered a bearish structure where traders are eyeing a potential short setup targeting the previous day’s low. The token trades at $6.12, marking a 2.18% daily gain but a 10.31% weekly decline.

Textbook Short Setup in Play

Crypto analyst Crypto Patel shared on X that “$LPT/USDT: Perfect Short Setup in Play!” with entry at $5.985. The orderflow zone marks an area where price retracement is likely to provide an ideal short entry.

The analysis noted that external liquidity had already been swept, triggering stop-loss clusters that create momentum for a downward continuation. Such conditions align with smart money concepts where liquidity grabs fuel trend extension.

According to the setup, the trade targets the previous day’s low at $5.766, a major liquidity point expected to attract strong market reaction. The stop-loss level remains at $6.108, safely above the recent swing high and orderflow zone.

Market Structure Remains Bearish

The one-hour chart shows Livepeer maintaining a bearish structure of lower highs and lower lows. This pattern strengthens the short bias as downside momentum continues to dominate price action.

Retracement toward the $5.985 orderflow zone provides traders a clean opportunity to align with the broader bearish trend. Strong bearish structure confirms that the path of least resistance favors the downside.

However, Patel noted that confirmation is necessary before entry. Traders are advised to wait for a bearish candlestick or a lower-timeframe structure break before executing positions. A move beyond $6.108 would invalidate this bearish outlook.

Liquidity Levels as Key Drivers

Liquidity zones are central to this trade thesis, with the previous day’s low at $5.766 acting as the key target. Price action around this level could determine whether momentum extends further or stalls temporarily.

The analysis also referenced a liquidity sweep, which has already triggered stop-loss orders. This action creates the fuel necessary for continuation toward the liquidity pool at lower price levels.

With the current market setup, traders are focusing on liquidity-driven moves as Livepeer continues to show pressure on the downside. The orderflow zone remains pivotal for near-term decision-making.

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