💧 $LDO reached the bottom

Lido - the largest project in the DeFi sector. It is liquid staking of Ethereum 🔹.

Like the blockchain of Ethereum itself, projects on it have not been performing well lately. Since 2023, the price has been declining within a "downward price channel" 📉.

Recently, liquidity has been withdrawn below the global support level of ~$0.89. At that moment, a "bullish divergence" was formed on the RSI indicator.

Based on the current situation, a gradual recovery is to be expected. Main targets: the level of ~$0.89 and the upper boundary of the channel 🎯.