Trading signal for LDO/USDT 📈
💡 Price at the time of writing: $0.947
📉 Support level: $0.935
📈 Resistance level: $0.975 and $0.990
⏱ Timeframe: 1 hour
Analysis:
LDO/USDT is showing an upward trend. The price is above the short-term EMA (EMA 7 = $0.946 and EMA 25 = $0.936), which signals a bullish momentum.
📊 MACD shows a bullish momentum, signaling possible further growth.
📈 RSI (61.04) remains below the overbought zone, which confirms the presence of growth potential.
Recommendations:
Buy level: at breakout of $0.950.
Take Profit:
Target 1: $0.975 is the nearest resistance level.
Target 2: $0.990 is the next target.
Stop Loss: below $0.920.
💬 Comment: A breakout of $0.950 may open the way to $0.975 and $0.990. If the price falls below $0.920, it may signal a correction.
This signal is for short-term trading over the next 12-24 hours.
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