TradeCityPro | LDOUSDT The Best Spot Entry Point

👋 Welcome to TradeCityPro Channel!
Let's move on to the LDO analysis, which has the most Ethereum possible in this staking network, and its job is to form nodes and structure transactions, and it has solved the problem of having 32 Ethereum to be a validator.

🌐 Overview of Bitcoin

Before starting the analysis, let me remind you again that we moved the Bitcoin analysis section out of this part and made it a separate daily analysis as per your request, so we can discuss Bitcoin’s condition in more detail and analyze its charts and dominance separately.

This is the general Bitcoin dominance analysis that we promised to cover separately and analyze in longer time frames:

🔗

📊 Weekly Timeframe

After the previous decline, LDO reached the important weekly support at 0.647 and showed a reaction.

With buyer presence, the price moved upward and is now sitting right under a resistance that once acted as a strong support. After breaking that level in the past, the price made a sharp move which makes this an important zone to watch.
🔗

📊 Daily Timeframe

On the daily chart, after bouncing from the 0.647 support area, LDO built a new structure.
Gradually, this move formed into a parabolic curve where every bounce from it triggered sharp upward movements.

For a spot buy entry, a risky strategy would be to buy on this curve reaction with a wide stop-loss (e.g., 0.8667).

However, I personally prefer waiting for the breakout of 1.5450, since that will allow me to set a tighter stop-loss and manage my capital more effectively, enabling me to take on higher risk within my risk management rules.

📝 Final Thoughts

Stay calm, trade wisely, and let's capture the market's best opportunities!

This analysis reflects our opinions and is not financial advice.

Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️