$LDO has seen a significant decline of 14.905% in the last 24 hours.
Current price action sits near the lower Bollinger Band at 0.784, indicating potential oversold conditions.
If the price breaks below support at 0.784, further downside could ensue towards the lower band at 0.764.
Conversely, resistance is identified at 0.951; a breakout above could signal trend continuation.
Volatility appears to be expanding, which may lead to further swings in price.
A stop-loss could be strategically placed just below support to manage risk.
Recommended action: wait for confirmation of price stability or a reversal before entering a position.
