Unlike other coins, Lido (LDO) has already reached an interesting turning level and made a strong upward move from there. This move was powerful enough to surpass our W point, activating the blue structure. This suggests that we can now build further bullish structures. The question remains: can we manage to jump from our black bullish turning zone and continue upwards? Here's how I would approach it: I would watch the large, prominent long wicks of the last down move. The chart may attempt to re-enter this zone, so I won't try to trade the 55.9 level (the upper line of the black box). Instead, I'll attempt a long at the lower line. Stops at Rangelows as always.
Here, I share my market outlooks, highlighting key levels and directions I'm watching. This isn't financial advice—just my perspective. Don't follow blindly; always do your own research.
Here, I share my market outlooks, highlighting key levels and directions I'm watching. This isn't financial advice—just my perspective. Don't follow blindly; always do your own research.