LDO/USDT: Opportunity Time? 🚀
LDO price dropped to $1.72, which could be an interesting entry point! 🔥 The current correction (-13.8% in a day) is due to the general volatility in the crypto market, where most coins have fallen within 20% in recent days. 📉
However, it is worth paying attention to several factors:
Nearest support: $1.70, from which the price may bounce. 💪
Indicators: Oscillators such as StochRSI point to an oversold condition, which opens the way for a reversal. 🔄
Volumes: Current selling volume is decreasing, signaling that bearish pressure is easing. 🐻⬇️
This could be an opportunity for a short-term trade, especially if you believe in the potential of DeFi, which is supported by Lido (LDO). 💼✨
