#LDO is currently trading within a descending channel on the 3-day timeframe. It’s attempting a recovery after finding support near the lower Bollinger Band and the channel’s midline.
If momentum continues and LDO reaches the upper Bollinger Band, it could retest the channel resistance and potentially break to the upside. A confirmed breakout may open the way toward the following targets:
🎯 $1.3821
🎯 $1.8134
🎯 $2.1620
🎯 $2.5106
🎯 $3.0000
⚠️ Always use a tight stop-loss and maintain proper risk management.
If momentum continues and LDO reaches the upper Bollinger Band, it could retest the channel resistance and potentially break to the upside. A confirmed breakout may open the way toward the following targets:
🎯 $1.3821
🎯 $1.8134
🎯 $2.1620
🎯 $2.5106
🎯 $3.0000
⚠️ Always use a tight stop-loss and maintain proper risk management.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.