$LDO
ā Strong Bullish Momentum! š„
is currently trading at 1.500, up by +15.56%, with strong bullish momentum after bouncing from the low of 1.295. The price is nearing a short-term resistance at 1.550, and a breakthrough could further push the price higher.
Key Levels
ā¢ Resistance: 1.520 ā 1.550 ā 1.600
ā¢ Support: 1.450 ā 1.420 ā 1.390
Trade Setup
ā¢ Entry Zone: 1.490 ā 1.495
ā¢ Stop Loss: 1.460
šÆ TP1: 1.520
šÆ TP2: 1.550
šÆ TP3: 1.600
Market Insight
With continued bullish pressure, $LDO could see a potential push towards its resistance levels. If the price breaks 1.550, it may target the 1.600 area next. Be mindful of a potential pullback towards 1.450, which could present a buying opportunity if the trend remains intact.