🤑💰🔥🔥🔥
/USDT Technical Analysis: Targets to Watch 🎯
The Lido DAO token (LDO) has shown a steady uptrend, currently trading at $1.87, with a +1.79% increase in the last 24 hours. As the market remains optimistic, traders should keep an eye on key price levels for potential moves.
Key Support & Resistance Levels:
Support Level: $1.75 – A solid floor has formed around this price, making it a key level for potential rebounds.
Resistance Level 1: $1.90 – The first target is a short-term resistance. A break above could signal further bullish momentum.
Resistance Level 2: $1.92 – The next major resistance is near $1.92, marking the potential for a new local high if momentum continues.
Target Zones 🎯:
1. Target 1 - $1.89: Expect a test of this level shortly as the price consolidates within the range. A breakout could push the price towards $1.90.
2. Target 2 - $1.92: With increasing volume, $1.92 could be the next target as the price continues its upward movement.
3. Target 3 - $2.00: If bullish momentum holds, a push towards the $2.00 mark is possible in the medium-term, with $1.92 acting as a critical hurdle.
Stay tuned and trade carefully as the market evolves! 🚀
#LDO #Binance #CryptoAnalysis #LDOUSDT #TechnicalAnalysis #CryptoTargets