Lido DAO (LDO) has finally broken out of its long-term descending channel on the weekly chart, a technical setup that could open the doors for a major rally.
If the bullish momentum holds, the chart suggests a potential move toward the $3.465 resistance zone — a level not seen in over a year. The breakout, followed by a possible retest, could confirm the shift in trend and ignite a strong upward push.
Key Levels to Watch:
Support: ~ $1.50 (post-breakout retest zone)
Target: $3.465
With liquid staking narratives gaining traction, LDO might be gearing up for its next big wave. $LDO