$LDO
ā Strong Bullish Momentum! š„
$LDO is currently trading at 1.500, up +15.56%, showing strong bullish momentum after bouncing from the recent low of 1.295. The price is approaching a short-term resistance zone around 1.550, and a decisive breakout could drive it higher.
Key Levels
⢠Resistance: 1.520 ā 1.550 ā 1.600
⢠Support: 1.450 ā 1.420 ā 1.390
Trade Setup
⢠Entry Zone: 1.490 ā 1.495
⢠Stop Loss: 1.460
šÆ Target 1: 1.520
šÆ Target 2: 1.550
šÆ Target 3: 1.600
Market Insight
If bullish momentum continues, may test and potentially break through resistance levels. A clear move above 1.550 could pave the way toward 1.600. Watch for any pullbacks toward 1.450, which might offer a good buying opportunity if the uptrend holds.