$LDO 🚀 BULLISH MOMENTUM 🚀
Technical Overview
Strong Buy Bias Across Timeframes: Moving averages and oscillators across 1-day, 1-week, and monthly charts show overwhelmingly bullish sentiment .
Momentum Indicators:
RSI near 62 (positive momentum)
MACD, ADX, ROC, and other indicators trending bullish .
Pattern Formations:
A possible double-bottom breakout above ~$1.15 suggests upward continuation toward $1.50 and beyond .
Entry Zone:
Aggressive traders: $1.13–$1.15 (if it holds above 1.13 support)
Conservative traders: Wait for a confirmed breakout above $1.18 with strong volume
TRADING STRATEGY:
Targets:
TP1: $1.20 (short scalp)
TP2: $1.24 (intraday momentum)
TP3: $1.28 (if hype + volume sustain)
Stop-Loss:
Below $1.10 (tight) or $1.07 (safer cushion)
Risk Assessment
Volatility Risk: Medium-high (LDO can swing 3–7% intraday)
Liquidity Risk: Low (strong $156M volume means easy entries/exits)
Correlation Risk: High with ETH → sudden ETH dip will drag LDO down