$LDO USDT SHORT TRADE SIGNAL š¦ š
BEARISH ENGULFING AT THE TOP SIGNALS REVERSAL š»
$LDOUSDT just printed a strong bearish engulfing candle after a steep rally, signaling a shift in momentum. The rejection from the $1.22 resistance zone and drop below $1.19 support opens up a clean short opportunity toward lower demand levels.
š Trade Setup (Short):
⢠Entry Zone: $1.19 ā $1.196
⢠Take Profit Targets:
⣠TP1: $1.16
⣠TP2: $1.13
⣠TP3: $1.10
⢠Stop Loss: $1.224
⢠Leverage: 10x
⢠Risk Allocation: 2ā3% of wallet
š Market Outlook:
LDO's parabolic run has likely topped out, with strong sell-side pressure emerging near $1.23. If $1.18 fails to hold as support, sellers may gain further control. Eyes on $1.13 as the next key level ā momentum favors the downside in the short term.
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buy and trade here on $LDO