LDO is one of the few assets that has quickly rebounded above all moving averages after the complete collapse and drop of altcoins. From a technical perspective, it has currently broken through the last level of resistance on the daily chart, the MA30 moving average, which serves as a dividing line between bullish and bearish. This indicates that it is relatively stronger compared to other altcoins, and it is currently advisable to gradually enter positions.
Asset: $LDO
Cycle: 1-3 weeks
Recommendation Index: 3.5 stars
Entry Position: 1.90-1.80 (gradual entry)
Take Profit Position: 2.10-2.30 (gradual take profit)
Stop Loss Position: 1.70