Lido (LDO/USDT) Technical Analysis - Target Levels Breakdown 🎯
Lido (LDO) has been showing significant bullish momentum recently, gaining 17.98% in the last 24 hours. Let's break down the technical outlook and highlight key target levels to watch as the price evolves.
Key Levels:
Current Price: $1.135
24h High: $1.176
24h Low: $0.952
24h Volume (LDO): 26.18M
24h Volume (USDT): 28.17M
SAR Indicator: 0.941 (suggesting possible trend reversal support)
Target Levels to Watch 🎯:
1. Target 1: $1.18 (Recent High)
The immediate resistance level is around $1.18. If the price breaks above this level, we could see a continuation of the uptrend towards the next higher target. A close above this area could signal further bullish movement.
2. Target 2: $1.25
If LDO continues to maintain upward momentum, the next resistance zone could be near $1.25. A solid breakout from $1.18 to $1.25 would confirm the strength of the current rally and could provide more upside potential.
3. Target 3: $1.40
The long-term target for the uptrend could be around $1.40. This level has been a previous area of interest for LDO and could act as a key psychological resistance point. Traders will want to monitor price action around this level for potential reversal or consolidation.
