$LDO recently saw a liquidation of a short position worth $50.6K at a price of $1.957.
This indicates a potential shift in market sentiment, as liquidations of short positions often lead to upward price pressure.
The $LDO market could experience further volatility as traders react to this event.
Monitoring $LDO's key price levels will be crucial to understanding whether this is the start of a larger bullish move or a temporary spike.
Caution is recommended as market dynamics for $LDO may shift rapidly.