# 📉 LDO/USDT Technical Analysis – Daily Timeframe
🔍 LDO price is currently sitting on its **90-day support level**. This is a crucial area because if the price manages to hold this support, we could see an upward move toward **2.35 USDT**, which is a key daily resistance level.
📌 **Bullish Scenario:** If buyers step in and defend this support zone, we might witness a rally toward **2.35 USDT**, representing a **51% increase** from the current price.
⚠ **Bearish Scenario:** However, if the **1.544 USDT** support level is lost on the daily timeframe, the next critical support would be at **0.925 USDT**. This is the **last major support zone** on the daily chart, and losing it could trigger further downside.
📊 **Indicators Overview:**
🔹 **Volume:** An increase in volume at key levels signals strong buying or selling pressure. Currently, volume is declining compared to the average, indicating uncertainty among traders.
🔹 **RSI:** The Relative Strength Index (RSI) is at **44.22**, suggesting that the market is in a neutral zone with balanced buying and selling pressure.
👀 **Do you think LDO can bounce from this support level, or are we about to see another drop? Share your thoughts in the comments!**
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🔹 **This analysis is for informational purposes only and should not be considered financial advice. Please manage your risk accordingly before making any trading decisions.**
✅ If you agree with this analysis, drop a comment and share it with others! 🚀
🔍 LDO price is currently sitting on its **90-day support level**. This is a crucial area because if the price manages to hold this support, we could see an upward move toward **2.35 USDT**, which is a key daily resistance level.
📌 **Bullish Scenario:** If buyers step in and defend this support zone, we might witness a rally toward **2.35 USDT**, representing a **51% increase** from the current price.
⚠ **Bearish Scenario:** However, if the **1.544 USDT** support level is lost on the daily timeframe, the next critical support would be at **0.925 USDT**. This is the **last major support zone** on the daily chart, and losing it could trigger further downside.
📊 **Indicators Overview:**
🔹 **Volume:** An increase in volume at key levels signals strong buying or selling pressure. Currently, volume is declining compared to the average, indicating uncertainty among traders.
🔹 **RSI:** The Relative Strength Index (RSI) is at **44.22**, suggesting that the market is in a neutral zone with balanced buying and selling pressure.
👀 **Do you think LDO can bounce from this support level, or are we about to see another drop? Share your thoughts in the comments!**
---
🔹 **This analysis is for informational purposes only and should not be considered financial advice. Please manage your risk accordingly before making any trading decisions.**
✅ If you agree with this analysis, drop a comment and share it with others! 🚀
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.