$LDO USDT TRADE SETUP – Targeting $1.048 & $1.017
LDO just faced a clear rejection at $1.135 after a strong +9% rally, showing early signs of exhaustion on the 1H timeframe. The price is now stabilizing near $1.105, and if momentum weakens below this level, we may see a sharp intraday pullback toward support levels.
📊 Trade Setup:
Entry Zone: Around $1.106 – $1.110
TP1: $1.048
TP2: $1.017 (previous consolidation base)
Stop-Loss: Above $1.137 (recent top wick rejection)
Until LDO breaks and holds above $1.135, bears could drive a short-term correction. Confirmation on lower highs and volume drop will validate this short.