A four-hour close above $1.60 for $LDO could signal a critical breakout, potentially sending the price past the $2 mark. This resistance level marks a significant bullish shift in market sentiment, likely drawing in higher trading volumes and new investors. Once $1.60 is broken decisively, momentum could accelerate as buy orders flood in and confidence grows. The psychological importance of $2, along with technical factors, supports the possibility of a swift upward move. Traders are keeping a close eye on this level, as it could trigger the start of a sustained rally, pushing #LDO into a stronger bullish trend.