Trade setup : $LDO 🔥
Price is in an Uptrend. It got rejected near $2.50 resistance once and it's approaching it again. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $2.50 to signal continuation of uptrend, with +40% upside potential to $3.60 next, or 2) pullback near $1.50 support area, which also lines up with a 200-day moving average, and could be an attractive swing trade entry with +30% potential upside to $2.00 or even $2.60. Stop Loss at $1.27.
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