$LDO
/USDT Technical Analysis🔥💯
Current Price: $1.86 (+0.43%)
24h Range: $1.753 - $1.869
Support: $1.75
Resistance: $1.87
Trend: Neutral (slightly bullish momentum in the short-term)
Volume: Moderate, indicating balanced buyer and seller interest
RSI: Neutral (~50), suggesting no immediate overbought or oversold conditions
Trade Signal (Short-term)
Action: Buy
Target Levels 🎯:
1. Target 1: $1.88 (Immediate resistance)
2. Target 2: $1.92 (Next resistance level)
3. Target 3: $2.00 (Psychological round number resistance)
Stop Loss:
Stop Loss: $1.75 (below recent support level)
Trade Momentum:
Momentum: Positive, as price is hovering near key resistance and showing slight bullish push.
Risk/Reward: Favorable with risk under 5% to potential reward near 8-10% based on targets.
Summary:
Short-term bullish trend with upward momentum. Watch for price action around resistance levels for potential breakout or reversal.