LDO is currently receiving widespread support, and we are full of expectations that it will become a catalyst for a new round of market transformation! We have updated the strategy settings for LDO and expect the potential income to increase by 42.67%.
Although LDO has been hovering in the low area recently and has not yet shown significant market fluctuations, this accumulation behavior near low key levels often indicates possible violent price fluctuations in the future. In particular, this build-up has the potential to trigger impulsive market moves and lead to prices reaching and possibly breaking through major resistance levels again.
Last month, LDO had retested the key support and resistance area of 1.30. This test not only solidifies the importance of this area, but also paves the way for subsequent tests of the strength of major resistance levels and the possibility of a breakout. Although there are short-term factors that prevent the price from rising, we still firmly believe that LDO has the potential to break out to the upside.
Currently, we are paying close attention to LDO's long-term rebound opportunities. With the price holding steady above $1, this positive sign strengthens the likelihood that LDO will be able to maintain its upward momentum and attempt to reach higher price levels in the coming period. Overall, we are optimistic about the future development of LDO and look forward to the new market changes it will bring.