$LDO
s current price is around $1.10-$1.18, with a 24-hour trading volume of $64.61 million and a market cap of $983.65 million. Let's break down the trade setup:
- *Entry Zone*: $1.16 – $1.18
- *Take Profit Targets*:
- *TP1*: $1.22
- *TP2*: $1.28
- *TP3*: $1.35
- *Stop Loss*: $1.10
Some analysts predict a potential breakout above the current resistance level, with targets ranging from $1.22 to $1.90 or even $1.99. The LDO/USDT pair has formed a bullish flag pattern, indicating growing buyer strength and potential upward momentum.¹
*Key Statistics:*
- *Market Cap*: $983.65 million
- *24-hour Trading Volume*: $64.61 million
- *Circulating Supply*: 895.80 million LDO tokens
- *Total Supply*: 1 billion LDO tokens
Given the current market conditions and technical indicators, it's essential to monitor key levels and adjust your strategy accordingly. Some traders suggest setting stop-loss orders around $1.05-$1.10 to limit potential losses.