Trade Ideas for $LDO
1. Short-Term Trade:
Long Trade:
Entry: Above 1.06 USDT (after a confirmed breakout with volume).
Exit (Stop Loss): Below 1.02 USDT.
Take Profit (TP): Target 1.08 USDT (short-term resistance) and 1.2 USDT for extended profits.
Short Trade:
Entry: Around 1.06 USDT (if the price fails to break and confirm a bearish reversal).
Exit (Stop Loss): Above 1.06 USDT.
Take Profit (TP): First target at 1.0 USDT, extended to 0.98 USDT if the downtrend continues.
2. Long-Term Trade:
Long Trade:
Entry: Above 1.08 USDT (after a confirmed bullish MACD crossover and breakout).
Exit (Stop Loss): Below 1.02 USDT.
Take Profit (TP): First target at 1.5 USDT, extended to 2.0 USDT for long-term upside potential.
Short Trade:
Entry: Below 0.88 USDT (after confirming a bearish continuation pattern).
Exit (Stop Loss): Above 0.9 USDT.
Take Profit (TP): First target at 0.8 USDT, extended to 0.7 USDT if the bearish momentum accelerates.