🚀 Analysis of the LDO/USDT asset 🚀

LDO on Binance has been showing interesting movements in recent months. Here are the main points:

📉 Decrease by 63.17%: Since the beginning of the year, the price has fallen from 4.045 to 1.492.

📈 Current price: At the time of writing this post, the price is 2.272.

📊 Technical indicators:

MA (99): 1.819, indicating upside potential above current levels.

SAR: 1.741, which confirms the possibility of a bullish trend.

Ichimoku: The price is above the cloud, which is a buy signal.

🔄 Consolidation: We see that the price has been consolidating for some time in the range of 1.492-2.252.

🔍 Volume: During the consolidation period, trading volume remained stable, which indicates the accumulation of positions.

What to expect?

📈 Growth potential: If the level of 2.272 is broken, the next targets could be 3.05 and 3.20.

🔄 Support: Levels 1.492 and 1.741 are key supports.

📊 Area of ​​Interest: Current levels between 2.252 and 2.272 can be considered for opening long positions.

💡 Conclusion: Technical indicators and current volume indicate a possible continuation of the bullish trend. However, it is important to keep an eye on key support and resistance levels.

Be careful and happy bidding! 📈✨

#LDO $LDO