$LDO USDT
#LDO/USDT is very bullish today has shown strength and broken its trend on the 4-hour timeframe, a potential upside movement continuation.
Waiting for a clean break of the 50-day moving average. Then, look to buy on the retest of this area to confirm it as support.
Once this region breaks, the bulls will need to step in to push the price higher.
LDO gained 10.92% in 4 hours! when #LDO increased so much it rose 2.19% on average the next day.
The price is moving within a descending channel pattern on a 4-hour frame, which is a retracement pattern.
The key support level at 1.845, Bullish Scenario is should the price bounce off the 1.845 support level to the next resistance levels, move above these levels could signal a strong bullish trend.
LDO/USDT
Current Price : $ 2.20
Fear & Greed Index : 71 (Greed)
Sentiment : Neutral
Volatility : 11.73%
Green Days : 13/30 (43%)
50-Day SMA : $ 2.05
200-Day SMA : $ 2.56
14-Day RSI : 49.05
Diluted Market Cap : $ 2.21B
24H Volume : $ 248.07M #45
Vol. / M. Cap Ratio : 0.1258
Dominance : 0.08%
ATH : $ 7.28 (-70%)
ATL : $ 0.40454
Market Cap : $ 1.97B #50
Entry price is 2.000 - 2.101
Target price is 2.448 - 2.745
Stop loss price is 1.942
Don’t forget to set stop loss, Always follow your trading plan regarding entry, risk management, and trade management.
DISCLAIMER : Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy.
DYOR
NOT FINANCIAL ADVICE
