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Coin Name:#LDOUSDT
The price action of LDO has formed a Descending Channel pattern, indicating a downward trend with lower highs and lows. However, a recent breakout above the pattern's resistance line suggests a potential shift towards bullish sentiment. This breakout could signify increased buying pressure, potentially leading to further upward momentum in LDO's price. Traders may consider bullish strategies or positions in response to this breakout.
ENTRY: 2.757 or Current Market Price
SIGNAL: Long
Take Profit Targets:
1ST TP: 2.854
2ND TP: 2.941
3RD TP: 3.136
4th TP: 3.301
Stop Loss: 2.533
Leverage: 5x-10x
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