#CryptoTrading.
📊Technical Analysis (1 hour) $LDO /USDT
1. Price and Bollinger Bands (BOLL 20.2):
• The price exceeds the upper Bollinger Band (UP: 1.5677) and touches the level of 1.59.
• This indicates a strong upward momentum, but a short-term overheating and a pullback to the average (MB: 1.4763) is also possible.
2. Moving Averages (MA 5, MA 10):
• MA(5) = 19.87 million > MA(10) = 16.38 million (by volume), which confirms the buyer's advantage.
• On the chart, the price is confidently above both moving averages, the trend is higher.
3. MACD:
• DIF: 0.0458, DEA: 0.0417, MACD: 0.0040 — positive values, lines diverge upwards.
• This signals confirmation of growth, but the histogram is growing fully — the momentum is not maximum.
4. Stoch RSI:
• Values of ~54.8 (yellow) and ~43 (purple) — the indicator has left the oversold zone and is directed upwards.
• This confirms that the short-term momentum is still ongoing.
5. Volumes and open interest:
• Trading volumes are increasing, and OI (open interest) is from ~55.6M to 86.2M.
• This is an experience of an influx of new positions, most likely long.
⚠️Conclusion:
• Trend: upward.
• Short-term: Another push to the 1.60–1.61 zone is possible, but the price is already near the upper Bollinger band, so a pullback to 1.55–1.52 is likely.
• Medium-term: If 1.50 holds as support, the trend will remain bullish, the next targets are 1.65 and 1.70.