Yello, Paradisers! Are you ready for some potential big moves with #LDOUSDT? Let's dive into the analysis to see what’s brewing!
💎#LDOUSDT is showing signs of a probable bullish continuation from a strong support zone.We have seen #LDO following a descending channel for a long time. Recently, after tapping the descending support, it’s restoring momentum at the key support level of $1.835 within the channel's trajectory.If the price successfully manages to hold momentum at this support, there is a great probability of a bullish ride, similar to previous behavior at this level.
💎If #LDO manages to break above the supply zone of $2.457, it will likely target the next resistance zone. However, if the price fails to hold momentum at the key support, we’re expecting a probable bullish rebound from the lower demand zone around $1.675.
💎 It's vital to maintain vigilance and closely observe #LDO price movements. A breakdown below the demand area, confirmed by a daily closure, would challenge the bullish scenario and could result in further declines.
💎If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
Stay focused, patient, and disciplined, Paradisers!