$LDO Lido DAO (LDO) has shown strong growth in recent months, benefiting from the rising interest in decentralized finance (DeFi) and Ethereum's staking ecosystem. With Ethereum's continued progress and the growth of liquid staking solutions, LDO remains a solid long-term play. However, the short-term outlook is slightly mixed as it faces some resistance near the $1.25 mark, while the broader market sentiment may affect its price movement.

Bullish or Bearish: Bullish

Target Price: $1.30

Buy Price: $1.20

Current Price: $1.214

Lido DAO’s strong fundamentals in liquid staking and the Ethereum network’s growth give it a promising future, though a slight consolidation around the current price may occur before a stronger rally. Traders should look for a buying opportunity near the $1.20 level, with a target price near $1.30 as the next significant resistance. The longer-term sentiment remains bullish as DeFi continues to evolve.$LDO