$LDO is currently trading near the upper Bollinger Band at 1.087, indicating potential overextension, which could signal a pullback. The recent 6.293% gain, along with resistance at 1.094, suggests that upward momentum may be limited. Conversely, the lower Bollinger Band at 1.012 acts as immediate support. Market volatility appears to be contracting; traders should consider setting a stop-loss below 1.012 for risk management. Recommended action: wait for a pullback closer to support before considering a buy position or set alerts for further developments.
