$LDO / USDT – Liquid Staking Momentum Builds! 🚀🔥
Current Price: $0.9165 (+20.33%)
📊 Market Structure:
Lido DAO (LDO) is exhibiting strong bullish momentum, breaking above the $0.90 resistance level.
The price is approaching the 24-hour high of $0.923, indicating potential for further gains.
Consistent higher lows and increasing volume suggest sustained buying interest.CoinGecko
🔑 Key Levels:
Support Zones: $0.895 and $0.870
Resistance: $0.923 (24H High)
Breakout Confirmation: A close above $0.925 could signal a continuation of the uptrend.
📈 Trade Setup:
Entry Zone: $0.900 – $0.915
Targets:
🎯 TP1: $0.950
🎯 TP2: $1.00
🎯 TP3: $1.08
Stop-Loss: Below $0.875Kraken
💡 Pro Tip:
Monitor for a 1-hour candle close above $0.923 to confirm the breakout. Utilize trailing stops to secure profits as the price advances.
📌 Technical Indicators:
Relative Strength Index (RSI): Approaching overbought territory, indicating strong momentum but caution for potential pullbacks.
MACD: Bullish crossover observed, supporting the upward trend.
Volume: Significant increase, reinforcing the breakout strength.