Lido DAO ($LDO ) has seen a significant liquidation of a long position valued at $78.5K, triggered at a price of $1.800.
This event highlights the ongoing volatility in the crypto market, where rapid price changes can lead to forced liquidations.
Next Move Opinion:
Analysts suggest that $LDO may face resistance around the $1.80 mark.
If it can break through this level, a rally towards $2.00 could be on the horizon.
However, traders should remain cautious and monitor market trends closely, as fluctuations may present both risks and opportunities.
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