📉 $LDO Trying to Recover – Bounce or Bull Trap?
$LDO faced strong selling pressure, dropping from above $1.05 to below the $1.00 mark. After forming a local bottom near $0.98, it's now attempting a relief bounce. However, the structure remains bearish unless price reclaims the $1.01–$1.02 zone with volume.
Trade Setup (Short-Term Long):
Entry: $0.994 – $0.997
Stop Loss: Below $0.980
Target 1: $1.015
Target 2: $1.030
Target 3: $1.045
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