$LDO saw a sharp impulsive spike into the 0.57 area, followed by a fast and aggressive sell-off back toward the 0.50 zone. That drop looks violent on the surface, but the key detail is what happened after the dump. Price did not continue bleeding lower. Instead, it formed a tight base and started grinding sideways with multiple higher lows, showing that sellers are losing strength.
The 0.50–0.505 area has now acted as a strong demand zone, where buyers stepped in repeatedly. Every attempt to push below this level has been absorbed quickly, indicating accumulation rather than continuation to the downside. This is no longer free-fall price action — it’s stabilization after liquidation.
On the upside, the first meaningful resistance sits around 0.53–0.54, which aligns with the breakdown zone from the impulsive dump. A reclaim of this area would likely trigger short covering and momentum continuation toward the 0.56 region. As long
