🧪 LDO (Lido DAO) at $0.936 — Reversal Structure Building Momentum
🕯 Candle Analysis:
After reaching a local low at $0.861, price has printed a series of higher lows and green candles — signaling the early phase of a potential trend reversal.
The recent candles are medium-sized with healthy bodies and small wicks — showing confident buyers entering the market rather than hesitant movement.
Volume has slightly picked up with the bullish candles, which often confirms buyer conviction during early reversal patterns.
🟣 Moving Averages:
Price has closed above the 25-period MA ($0.925) for the first time in this downtrend — a notable bullish shift.
The 99 MA ($1.064) is still overhead, but if momentum continues, it could become the next magnet or resistance.
📊 Key Levels:
Immediate Resistance: $0.953–$0.96 — if broken, could trigger a move toward $1.00+.
Support Base: $0.90–$0.92 — recent consolidation zone and bounce area.
Volume Node (visible on left): Significant interest around $0.94–$0.95, meaning this area is a test of market control.
🔍 Candle Psychology:
Recent candles show bullish conviction and rejection of lower prices.
There's a shift from supply dominance to buyer strength, especially visible in the rising low wicks and higher candle closes.
Still early, but this resembles the “rounded bottom” start pattern — often preceding a push toward major resistance.
📌 Trade Idea (Educational Example):
Entry Zone: $0.93–$0.94
Stop Loss: Below $0.905
Targets:
TP1: $0.96 (minor resistance)
TP2: $1.00
TP3: $1.05–$1.07 (near 99 MA)
Risk/Reward: 1:2.5 to 1:3 depending on entry
