LDO/USDT — Reversal in the Making?

Lido Finance is a major decentralized liquid staking protocol. It allows users to lock ETH and receive stETH, which can then be used across various DeFi platforms.

🔍 Technical setup:
▪️ Price is moving inside a broad horizontal range with wicks in both directions
▪️ Within that, there’s a secondary descending channel
▪️ Currently forming a potential double bottom or dragon pattern — both are classic reversal setups

📌 Key confirmation level:
▪️ A breakout and close above 0.922 USDT would confirm the pattern and signal possible trend reversal

🎯 Upside targets if breakout confirms:
▪️ 1.77 — short-term target
▪️ 2.57 — mid-range resistance
▪️ 3.90 and beyond — long-term potential

⚠️ As long as price remains inside the range — it's just preparation.