Currently, the price of #LDO is in a low area after a short-term correction, and for the first time after several hours of decline, a stop-loss signal has appeared. Technically, 0.694 has become a short-term support level, with the candlestick touching this position multiple times and quickly rebounding, indicating that there is a certain willingness to buy at the bottom, and the market has expectations for a rebound from overselling.

The price is currently running between MA7 and MA99, and the short-term moving averages are no longer significantly declining, with the downward momentum slowing. If it subsequently breaks through MA25 (0.721), it may usher in further rebounds, with the initial target looking towards the 0.73 line. In conjunction with trading volume, there are signs that bearish volume is weakening, and consecutive red candlesticks with decreasing volume indicate that selling pressure is weakening, with the market about to switch to a phase of long and short competition.

In summary, this is currently a position where one can attempt to make a light long position on the left side. In terms of operation, one can enter the market with a small position around 0.701, set a stop loss below 0.693, and target between 0.717 and 0.73. If there is a significant breakout above 0.73, one can consider increasing the position to seek higher gains. However, it is still necessary to note that the overall trend has not completely reversed, and it is advisable to strictly control the position and set stop losses to prevent sudden market movements from reversing.