$LDO is currently trading at 0.84, slightly below the upper Bollinger Band at 0.885.
This proximity suggests a potential overextension, indicating a need for caution.
Support sits at 0.69, while resistance is at 0.884.
With the price close to resistance, traders might experience contracting volatility, which could lead to a breakout or reversal.
Consider placing a stop-loss below 0.69 to manage risk.
I recommend setting alerts for price action around these key levels before making any trades.