📈LONG: $LDO (1D)

#LDOUSDT | #LDO | #LidoDAO

Current Price $1.50

Market Cap $1.35B

Change 1h -1.06% | 24h +8.42%

Daily Indicators:

• RSI: 66 - Neutral 🟠

• MACD: 0.06 - Bullish 🟢

• EMA: 1.21 - Above 🟢

Analysis:

LDO is set for a bullish breakout from its descending channel and key horizontal zone. If it successfully breaks through, we could see a strong rally in the coming days. The chart suggests a pattern that could double the current price, indicating massive recovery potential.

Price Targets:

In the short term, look for targets at $1.90-$1.95. For the midterm, aim for $2.45-$2.55. Keep an eye out for volume spikes to confirm the breakout momentum.