🚨 $LDO /USDT – Bears Take Control! 📉

$LDO failed to hold above key resistance at $1.15 and is now slipping fast! Price has broken below key intraday support, confirming a bearish reversal with momentum building on the 1H chart. Current Price: $1.066

🔻 Short Trade Setup:

• Entry Zone: $1.050 – $1.080

• Target 1 (TP1): $1.035

• Target 2 (TP2): $0.997 ✅

• Stop Loss (SL): $1.105

⚡ Technical View:

Bearish engulfing candles on the 1H and RSI dipping below 50 signal downside continuation. Volume supports the sell-off.

🛡 Risk Note:

Use tight risk control. SL above local resistance to protect from fakeouts.

🔄 Strategy Breakdown:

This is a clean breakdown play. After failing the breakout attempt at $1.15, $LDO is now forming lower highs and breaking structure. Entry just under failed support aims to catch momentum to the downside.

📢 Follow for more precision trade setups!