$LDO /USDT TECHNICAL ANALYSIS — STRONG BULLISH MOMENTUM IN PLAY
Current Price: 1.577 USDT
24h High: 1.595
24h Low: 1.374
Key Levels:
Support: 1.50 (near EMA25 at 1.508)
Resistance: 1.60 - 1.61 (24h high zone)
EMA Levels:
EMA7: 1.551 (price above EMA7, short-term bullish)
EMA25: 1.508 (solid support)
EMA99: 1.451 (long-term support)
Technical Summary:
Price is comfortably above EMA7, EMA25, and EMA99, confirming a strong uptrend.
Volume is significant with 81.42M LDO and 120.36M USDT traded, validating buyer strength.
Recent gain of +14.61% reflects solid buying interest and bullish momentum.
Momentum indicators like MACD likely support continuation (though exact values aren’t visible).
Trade Setup:
Long Entry: Around current price 1.57 - 1.55 or on minor pullback to 1.50 support zone
Stop Loss: Below 1.48 (below EMA25 for risk control)
Take Profit Targets:
TP1: 1.61 (resistance breakout target)
TP2: 1.68 (next psychological resistance level)
Risk Management:
Limit risk to 1-2% of trading capital per trade.
Use stop loss to protect capital against sudden drops.
Move SL to breakeven after partial profits at TP1.
Summary:
$LDO/USDT is exhibiting strong bullish momentum with price above all key EMAs and high volume. Entering long near support with proper risk management is advised to capitalize on upward continuation.
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