$LDO Pullback After Strong Rally! 📈
$LDO is currently trading at 1.280, up +9.78% in the last 24H after a strong upward push that reached 1.372 before facing selling pressure. Price has pulled back but is showing early signs of stabilizing, with potential for another leg up if buyers step in around current support levels.
Support and Resistance
• Resistance: 1.3000 – 1.3720
• Support: 1.2600 – 1.2400
Trade Setup
• Entry Zone: 1.2650 – 1.2800
• Stop Loss: 1.2400
🎯 TP1: 1.3000
🎯 TP2: 1.3400
🎯 TP3: 1.3720
Market Insights
The recent surge in $LDO was backed by strong volume, indicating solid bullish interest. While the market is currently cooling off after profit-taking, maintaining price above 1.2600 could set the stage for a recovery toward 1.3400 and beyond. Traders should watch for a breakout confirmation on higher timeframes for sustained momentum.