$LDO /USDT Trading Signal – Retracement or Continuation?

Current Price: $2.041 (+4.08%)

24h Range: $1.948 - $2.097

24h Volume: 11.87M LDO

Observation:

LDO/USDT is in a healthy uptrend, reaching a 24-hour high of $2.097. A slight pullback to $2.041 hints at potential consolidation before the next move. The bulls are defending key support levels, keeping the uptrend intact.

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Trading Plan (1H Timeframe):

Long Entry: $2.020 - $2.050

Targets:

T1: $2.100

T2: $2.150

T3: $2.200

Stop Loss: $1.980

Analysis:

Strong upward momentum continues, supported by a rising MACD. Watch for a breakout above $2.097 for confirmation of further upside. Maintain caution near resistance and adjust your stop-loss accordingly.

Strategy Advice: Use pullbacks to accumulate, but ensure tight risk management. Partial profit booking near $2.150 is recommended to secure gains.

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