$LDO shows a strong rebound from the local low❗❗ The price of $LDO has strongly rebounded from the support area at $0.743, regaining the level of $0.82, achieving gains of nearly +5% on the four-hour chart. Optimists are stepping in after a deep pullback, indicating a potential short-term reversal.
📊 Trading Setup
• Entry Zone: $0.82 - $0.83
• First Profit Target: $0.87
• Second Profit Target: $0.91
• Stop Loss: $0.79
The increasing trading volume and the consistency of green candles indicate the continuation of upward pressure if the price of $0.83 turns into a support level.$LDO