🚨Attention, traders!🚨 LDOUSDT is giving us a SHORT signal! It seems that the bears are taking control, and we need to be extremely vigilant.
The current price of $0.9052 is the "shock" or entry point for this short trade. The target is clear: $0.84. This indicates that the market is looking for a significant pullback.
Watch out for the "shock" levels (resistance for this short):
ST1: $0.8834
ST2: $0.9052 (This is our entry point!)
ST3: $0.9486
If the price rises and exceeds these levels, the short trade may not be viable, so HODL wisely and manage your risk!
Let’s remember that the All Time High of LDO was $4.0408, we are 346.4% away from those peaks. This tells us that LDO has had a significant drop and we are now in a zone of potential short-term bearish continuation.
Could there be manipulation? It’s always a possibility in this market, especially when we see quick movements towards key levels. The key is not to get carried away by FOMO or FUD. Price action at the "shocks" will give us the true signal.
It seems that the most likely short-term path is downward, seeking that support at $0.84. Attentive traders should be monitoring these levels closely for potential opportunities.
Patience and trade with strategy!
