Lido $LDO Bulls Crushed!

$78.5K Long Liquidated at $1.800

In a dramatic turn, the $LDO bulls faced a crushing defeat today as a staggering $78,500 long position was wiped out at the $1.800 mark.

The bears took full control, leaving buyers in a daze as prices tumbled.

This major liquidation reflects mounting selling pressure, with $LDO teetering on critical support levels.

Will the downward spiral continue, or can bulls muster a counterattack?

Key Levels to Monitor:

Support: $1.75 – A breakdown here could trigger more liquidations.

Resistance: Bulls must reclaim $1.85 to regain momentum.

Action Plan: The heightened volatility offers opportunities for both short sellers and dip buyers—but tread carefully, as the market remains unpredictable!

What’s next for LDO?

Is this a temporary setback or the start of a deeper correction?

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