$LDO/USDT – Potential Rebound or Further Decline? 🚀💯
As of February 18, 2025, Lido DAO (LDO) is trading at $1.82, with an intraday high of $1.94 and a low of $1.76.
Key Levels:
Support: $1.76 – Holding steady
Resistance: $1.94 – Crucial breakout level
Long Setup (Bullish Trade):
Entry: $1.78 - $1.82 (On a slight pullback)
Take Profit Targets:
TP1: $1.94
TP2: $2.00
TP3: $2.10
Stop Loss: Below $1.76
Short Setup (Bearish Trade):
Entry: $1.94 - $2.00 (If rejection at resistance)
Take Profit Targets:
TP1: $1.85
TP2: $1.80
TP3: $1.75
Stop Loss: Above $2.05
Market Insight: LDO recently faced resistance at $1.94, leading to a correction and finding support near $1.76. A break above $1.94 could signal renewed bullish momentum, while failure to surpass this level may result in further downside.
Pro Tip: Monitor trading volume at key levels; increased volume can confirm momentum direction. 🚀
Disclaimer: This is not financial advice. Trade at your own risk!
