🟢 $LDO /USDT Update – $0.7168 Holding Support, Reversal Setup Brewing! 🔄

Lido DAO ($LDO ) is currently trading at $0.7168, bouncing from the recent lows and holding above key support. The structure suggests a potential trend reversal forming, with a clean breakout setup if price pushes above $0.7400. Momentum is recovering slowly. 📈

📊 Market Snapshot:

Price: $0.7168

24H Range: $0.698 – $0.752

Trend: Early-stage bullish

Volume: Stabilizing – possible bottoming zone

RSI: Neutral → trending upward

📈 Technical Levels:

Support: $0.6950 → $0.6700

Resistance: $0.7400 → $0.7700 → $0.8000

Forming a W-bottom pattern on 4H chart

1H candles showing bullish divergence

🎯 Trade Setup:

✅ Bullish Play:

Entry: $0.7100 – $0.7200

TP1: $0.7400

TP2: $0.7700

TP3: $0.8000

SL: $0.6840

❌ Bearish (if rejection near $0.7400):

Short-term pullback to $0.6950 possible

Only short if BTC shows weakness

🧠 Pro Tips:

Use tight SL if trading short timeframe

Break and hold above $0.7400 = trend reversal confirmation

Combine with ETH/SOL sentiment for alt momentum strength

📌 Summary:

$LDO /USDT at $0.7168 is trying to flip bullish. A confirmed move above $0.7400 could set the stage for a move to $0.80+. Clean entry zone here for risk-managed traders! 💥

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