🚨 $LDO Update 🚨
As expected, LDO has officially broken out of its downward channel. This is a strong technical signal, and right now the market is paying respect to the 1.3530 level, which is acting as a textbook retest zone.
A clean hold above this level can confirm the breakout and open doors for further upside momentum, potentially leading to a strong bullish continuation. On the other hand, if the market fails to hold this area, there’s always a risk of slipping back into the previous channel structure.
For now, this setup looks promising as long as 1.3530 holds — a critical level to keep an eye on.
📌 Plan: Monitor volume confirmation here. If buying pressure builds, we could be at the start of the next big leg up for LDO.