LEO has rebounded from a key demand level this week, with social activity and large whale orders both picking up. But spot flow still shows sellers in charge, leaving the bounce on fragile footing. The token is now looking at a $9.55 target, though the path there is far from clear.
Whales step in at the demand zone
Large trader orders have been on the rise as LEO touched its recent low. That kind of buying interest can absorb selling pressure, though it hasn't flipped the momentum yet. The increase in whale activity is one reason the token managed to hold its support. These are the orders that can move price quickly, and their presence suggests that at least some big players see value at current levels.
Social chatter builds
Social activity around LEO is climbing, a sign that the token is back on traders' radars. Whether that translates into sustained buying remains an open question, but the uptick in mentions and discussion often precedes bigger moves. For a token that's been quiet for weeks, the renewed attention is notable. It doesn't guarantee a rally, but it does put LEO back in the conversation.
Sellers still control spot flow
Despite the bounce, Spot Cumulative Volume Delta is still negative, meaning sellers are executing larger market orders than buyers. That's a warning sign for anyone expecting a quick reversal. The rebound could stall if sellers keep feeding orders into the book. The negative CVD doesn't mean the bounce is doomed, but it does suggest that the selling pressure hasn't fully dried up. Until that flips, buyers will have to work harder to push price higher.
What the $9.55 target means
The article's price target sits at $9.55, a level that would represent a solid gain from current prices. Getting there requires the spot flow to turn positive, or at least for sellers to step back. Right now, the market is balanced between whale support and seller pressure, and the next few sessions will show which side wins. If the whales keep buying and the social buzz continues, LEO could make a run at that target. But if sellers regain control, the demand level could be tested again.




