$LDO /USDT – SHORT TRADE SIGNAL AFTER FAILED BOUNCE AND WEAK RECOVERY

REJECTION NEAR $1.12 CONFIRMS BEARISH PRESSURE

LOWER HIGH STRUCTURE HOLDS BELOW $1.06 RESISTANCE

$LDO faced a sharp rejection from the $1.12 resistance and broke down to $1.011 before making a weak bounce. The recent candle structure shows lower highs forming, suggesting continuation of the downtrend. Failure to reclaim the $1.06 area keeps bears in control, with lower support likely to be tested soon.

Trade Setup:

Short Entry: $1.040 – $1.050

Targets:

TP1: $1.015

TP2: $0.990

Stop Loss: $1.068

Market Outlook:

Bearish momentum building below key resistance. Any bounce is likely to be sold into until a close above $1.07.

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