$LDO /USDT has been experiencing a strong upward trend on the 4-hour chart. The price has broken through a key resistance level at 1.736 and is currently consolidating above it. This suggests that the bullish momentum is still strong and the coin may continue its upward trajectory.
Key Levels:
* Current Price: 1.736
* Entry Price: 1.736 (Buy on break above)
* Resistance: 1.760
* Support: 1.396
Take Profit Targets:
* TP1: 1.800
* TP2: 1.900
* TP3: 2.000
Stop Loss: 1.396
Caution:
Traders should closely monitor the price action around the 1.736 resistance level. If the price fails to break above this level and consolidates below it, the bullish momentum may weaken. It's important to use proper risk management techniques and adjust your stop loss as the price moves.
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