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$LDO Showing signs of strong rejection after a sharp upward move (vertical pump). After a rapid surge in a short period, the price faced significant selling pressure at the top, indicating that the buying momentum is weakening and the sellers are starting to take back control.
Currently, the price structure leans toward a short-term correction scenario as profit-taking pressure appears heavily. If the downward momentum continues, it is highly likely that $LDO will revisit lower support levels.
🔹 Trading strategy (Short)
⟶ Entry zone: 0.445 – 0.460
⛔ Stop loss (SL): 0.475
• Take profit 1 (TP1): 0.420
• Take profit 2 (TP2): 0.395
• Take profit 3 (TP3): 0.370
The 0.445 – 0.460 zone is considered a technical rebound area after the initial decline. If the price cannot break back above the 0.475 level, the short-term downtrend remains intact. The targets 0.420 – 0.370 are potential support zones where price reactions may occur.
Traders should manage their capital carefully and adhere to stop-loss points to limit risks in case of an unexpected market reversal. $LDO
{spot}(LDOUSDT)