LDOUSDT | Possible Push Down?
Updated
Market Context
The crypto market has been quite unpredictable lately, making it challenging to forecast short-term movements. However, I’m sensing a possible downside move for LDOUSDT.
Chart Analysis
LDO is currently hovering within an 8H supply and demand zone, which historically suggests a potential drop before any significant upward movement.
Strategy
Despite the uncertainty, the signs point towards a move lower before a pump. We’re already in the trade with an entry price of 2.3405, betting on this short-term decline.
Key Indicators
• Supply & Demand Zone: LDO is in a critical area, often leading to a price drop.
• Market Sentiment: General market unpredictability leans towards a cautious approach.
Action Plan
Let’s see if this analysis plays out. We’re set up and ready to ride the wave down if it materializes. Stay tuned for updates!
The crypto market has been quite unpredictable lately, making it challenging to forecast short-term movements. However, I’m sensing a possible downside move for LDOUSDT.
Chart Analysis
LDO is currently hovering within an 8H supply and demand zone, which historically suggests a potential drop before any significant upward movement.
Strategy
Despite the uncertainty, the signs point towards a move lower before a pump. We’re already in the trade with an entry price of 2.3405, betting on this short-term decline.
Key Indicators
• Supply & Demand Zone: LDO is in a critical area, often leading to a price drop.
• Market Sentiment: General market unpredictability leans towards a cautious approach.
Action Plan
Let’s see if this analysis plays out. We’re set up and ready to ride the wave down if it materializes. Stay tuned for updates!
Comment
Set your SL to BE now. There is a possibility of BTC moving higher today with ETH and alts can follow!Disclaimer
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