$LDO /USDT short trade signal 🔴
BEARISH REVERSAL SIGNAL – NEWS SPIKE FADES, SELLERS TAKE CONTROL!
After a sharp news-driven spike to $0.939 following the Lido hack alert, $LDO
quickly retraced and is now trading at $0.892. The rejection from the top and follow-up red candles indicate profit-taking and a loss of bullish momentum. The 30-minute chart suggests a lower high formation with weakening buying pressure.
Trade Setup (SHORT):
Entry: $0.895 – $0.910
Target 1: $0.865
Target 2: $0.842
Stop Loss: $0.925
Why Short?
The breakout to $0.939 was quickly sold into, likely due to the fear triggered by the hack news. Sellers stepped in strongly as price failed to hold above the $0.920 zone. Lower timeframe structure now tilts bearish, with volume tapering off and support zones being retested.
Risk Management Tip:
Use a tight SL above $0.925 to avoid whipsaw. If price reclaims $0.930 with volume, bearish structure may be invalidated.
Don’t let this breakdown escape — sell into weakness while market digests the news!
Ride the momentum before it fades — profits favor the fearless!
buy and trade here on $LDO
