Crypto:
33693
Bitcoin:
$98.781
% 0.56
BTC Dominance:
%60.5
% 0.02
Market Cap:
$3.19 T
% 1.34
Fear & Greed:
54 / 100
Bitcoin:
$ 98.781
BTC Dominance:
% 60.5
Market Cap:
$3.19 T

Is LDO Breakout Coming? Beware of Critical Levels!

Ldo

As market fluctuations continue, one of the two key levels I identified for LDO has been tested, and the other is holding up as a strong support. This is a crucial development for investors. Now, the big question everyone is asking: Can LDO gather strength from these levels and continue its upward momentum?


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First, we saw the price react at the 1.6472 level and initiate an upward move. However, it’s still unclear whether this rally will be sustainable. The real decisive level will be 1.83. If LDO can manage to close above 1.83 for 4-hour candles, it could signal a strong buying opportunity and may trigger a rapid upward movement.

Photo 2025 02 06 12 50 37

On the other hand, if the price fails to surpass 1.83 and faces downward pressure, we might see a pullback toward the 1.6472 support. Further below, the 1.4703 level remains a critical support zone. A drop below this level could intensify the selling pressure and bring about a deeper correction.

Currently, LDO is approaching a critical breaking point. The price is continuing to get squeezed within a narrowing triangle structure, and it will soon be forced to break out in one direction. Investors should closely monitor the 1.83 and 1.6472 levels. A breakout to the upside could trigger a strong bullish wave, while a breakdown to the downside may lead to the search for new support.


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