đŁ To finalize the day, I've analyzed for you an extremely promising asset from the DeFi sector: Lido Staking ($LDO)
$LDO is a governance token of the Lido Staking platform, the largestđstaking protocol on the Ethereum network.
In general, the governance tokens of various projects have recently shown very good growth thanks to the hype⥠around the DeFi industry
⥠We have already seen this on the example of $MKR, where we made good money!đ°
There is also a strong divergence between the price of $LDO and TVL (the amount of funds locked in the Lido protocol), which also indicates that the asset is oversold and is a signal for growthâŹïž
I started to buy $LDO into my portfoliođŒ (the price is already near the zone of interest), and in case of correction continuation to Bullish Breakerblock ($0.820-$0.8333), I will average the position
The nearest target is First Trouble Area ($0.974-$1.020)âïž