Bullish Breakout Setup – $LDO /USDT
Symbol: $LDO
Long Liquidation Spotted: $22.32K at $0.8445 – a flushout that may signal bottoming pressure and renewed upside potential.
Market Snapshot
LDO just absorbed significant long liquidations near the $0.84 zone, clearing excess leverage. The price is holding steady above this level, forming a potential base for a bullish breakout as selling pressure weakens.
Trade Setup
Entry Points:
Early Entry: $0.850 – $0.865 (with tight risk management)
Breakout Entry: Above $0.885 (confirmed strength)
Stop-Loss:
🔻 Below $0.829 – under liquidation zone for safety
Upside Targets:
🎯 Target 1: $0.905
🎯 Target 2: $0.932
🎯 Target 3: $0.969 – strong resistance zone from recent downtrend
Technical Levels
Support: $0.844 / $0.829
Breakout Trigger: $0.885
Key Resistance: $0.969
Sentiment Analysis
The market just punished overleveraged longs, but the underlying trend remains intact. LDO is displaying signs of absorption and reaccumulation. Watch for volume confirmation — a strong break above $0.885 could spark momentum toward mid-term resistance.
Strategic Play
Patience is key — wait for price to reclaim $0.885 with strength before scaling in heavy. Favorable setup for both day traders and short-term swing strategies.
Not financial advice. Always assess risk and trade responsibly.
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