$LDO MACRO BEARISH TREND CONTINUES!
The recent recovery attempts were REJECTED at the mid-range resistance zone (0.63–0.69). Current support sits at 0.50–0.52. If that level breaks, the downtrend extends. Sentiment remains negative until $LDO breaks the descending trendline and reclaims that resistance zone.
• Key support failing means deeper cuts.
• Wait for the trendline flip for confirmation.
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LDOUSDT
Perp
0.5187
+1.24%