Lido DAO (LDO) Potential Breakout Analysis
LDO has been in a long accumulation range btw $0.60 โ $0.90 since 2023. Every revisit to this zone has attracted strong buying, confirming it as a powerful demand base.
๐ธ Breakout Confirmation Above $1.22:
A weekly close above $1.22 will break LDO out of its long-term range and signal the beginning of a new bullish phase. The 50-week MA is also near this level, making it a key breakout trigger.
๐ธ BlackRock ETH Staking Catalyst:
BlackRock has officially filed to include ETH staking in its Ethereum ETF.
And when it comes to ETH stakingโฆ it mainly happens through Lido DAO (LDO).
With institutional adoption coming in, it's expected that 70โ80% of all ETH staking will eventually route through LDO.
This would massively boost Lido's dominance and TVL โ a direct bullish driver for LDO price.
๐ธ Upside Target:
Once $1.22 is broken, short-term resistances lie at $2.00 and $3.50 โ but with this level of institutional narrative, $5.00+ is on the table in the coming months.
๐ธ Risk Level at $0.60:
Below $0.60, the bullish structure breaks down. Keep this as your final invalidation point.
๐ธ Accumulation between $0.65 โ $0.90 remains ideal
Confirm breakout with close above $1.22
Ride the wave as institutions pour into ETH staking
Trail stops and book profits near $2.00 / $3.50 / $5.00
๐ก Pro Tip: Institutional flows + staking demand = long-term LDO rocket fuel.
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