$LDO Breaking Out!

What’s Happening?

LDO/USDT is breaking above a descending resistance line on the chart.

Currently, it’s facing a key support/resistance (S/R) zone on the weekly timeframe.

What’s Next?

1. Bullish Scenario:

If LDO breaks above the S/R zone, expect more upside potential.

The next resistance level could be $2.20–$2.30.

2. Bearish Scenario:

A rejection at the S/R zone could lead to a pullback.

Support levels to watch: $1.90 and $1.85.

3. Key Factors to Watch:

Volume: Strong buying volume confirms a breakout.

RSI: Momentum could indicate overbought or consolidation.

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Trading Plan:

Long Entry: Above the S/R zone for a move toward $2.20+.

Short Entry: Below $1.90 if rejection occurs.

Why It’s Important:

Breaking descending resistance is a bullish signal, and crossing the S/R zone could trigger a strong rally.

Stay sharp—LDO is showing breakout potential!

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