$LDO Long Liquidation Alert
Amount: $2,576.6 at $1.9850
About ldo (Lido DAO):
$LDO powers Lido, a liquid staking solution for Ethereum and other blockchains.
It lets users earn staking rewards without locking their assets.
Next Move:
The liquidation suggests bearish momentum, but it could stabilize if support holds.
Watch for volume spikes to gauge the next move.
Key Levels:
Support: $1.9500
Resistance: $2.0500
Action Plan:
Buy: Only buy if $1.9500 holds and the price shows upward momentum.
Sell: Sell near $2.0500 or if the price breaks below $1.9500 for further downside risk.$LDO
Keep a close eye on market trends and sentiment!