Seems like LDO is currently consolidating at the bottom of shown uptrend channel. It seems likley, that we will break out of this current consolidation coming days/weeks, as LDO did something similar before. Think this is actually a good opportunity to build a long position at these prices. Once LDO breaks above 2.2$ it should pick up momentun and target upper channel.
Stay safe!
Stay safe!
Comment:
So far looking good. Dropped a bit more than expectedd, but it didn't even print a lower low so think 1.50$ will be the bottom coming months. Think LDO is going to touch upper channel resistance very soon, maybe even 5-6$.