đź’ŽParadisers, gear up for a potential golden opportunity with LDOUSDT. Our observations indicate it's trading above the POC (Point of Control) of VRVP, setting the stage for a bullish surge.
đź’ŽIn the past, LidoDAO navigated within a descending channel. After a triumphant breakout, it embarked on a bullish journey, only to face rejection from the upper supply. Currently, it's retesting the channel's resistance, which now serves as a supportive foundation.
đź’ŽWith the price of LDO comfortably positioned above the POC of VRVP, indicating robust volume, we're confident about the possibility of the price revisiting the supply zone. However, should the price dip below the 1.510 mark, be prepared for a potential descent to the next support level.
đź’ŽRemember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights