$LDO has surged 7.523% in the last 24 hours, reaching a high of 0.834.
Currently, the price is testing the upper Bollinger Band at 0.8389, suggesting overextension and potential reversal.
Support is identified at 0.786 with resistance at 0.834, indicating a tight range.
Bollinger Bands are expanding, signaling increasing volatility; traders should be cautious.
Implement a stop-loss just below support at 0.780 to mitigate risk.
I recommend setting alerts for any breakouts above resistance or drops below support.
