🚨👀LDO/USDT Update (April 11, 2025)
Price: 0.726 USDT (+1.82% daily) Trend: Bearish after breaking support at 0.742
Key Levels:
Resistance (former support): 0.742-0.977 USDT
Next major resistance: 1.219-1.496 USDT
What’s happening?
Broken support shows weakness
Volume’s up on the drop, sellers in control
No reversal signs yet
Short Setup:
Entry: 0.740-0.970 USDT
Stop Loss: > 1.02 USDT
Targets: 0.60 (T1), 0.50 (T2)
Risk/Reward: ~1:2.5 to 1:3
🧠Wait for a bearish daily candle in the entry zone. Take partial profits at T1, then trail the stop for momentum.