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LDO analysis: a crossroads struggle and the 0.3675 level is the decisive point!
The LDO/USDT pair shows a weak bullish structure facing negative pressure from the MACD indicator, while the RSI approaches the oversold area at 39.
The price is currently touching the lower Bollinger Band, indicating potential support at current levels, but caution is advised.
Expected scenarios:
• Positive scenario: Maintaining the 0.3675 level opens the door to target resistances at 0.3822 then 0.3910.
• Negative scenario: Breaking below 0.3675 could push the price to a deeper decline toward 0.36 with sellers in full control.
Monitor the 0.3675 level carefully as it is the key to determining the next trend.