LDO/USDT Technical Outlook
Lido DAO, which manages the majority of the staked assets on Ethereum, stands out again with the increasing interest in liquid staking. In particular, while the demand for corporate staking solutions is increasing, the LDO price has started to reflect this interest on the charts.
LDO is currently trading around $0.88, holding just above the critical support area at $0.82. This level acts as both channel support and a key horizontal level, making it a significant threshold for price stability. A bounce from this region could push the price toward $0.98–$1.04 in the short term. The midline of the channel sits around $1.23, while the upper boundary is located between $1.45 and $1.54. A breakout above this upper range would signal a potential trend reversal, opening the door for an extended move toward $1.85 and $2.49.
If the $0.82 support fails to hold, selling pressure is likely to increase. In that case, the next support levels lie at $0.70 and then $0.64–$0.60 — an area that aligns with the lower edge of the descending channel and could act as a final defense zone for buyers.
Summary:
- LDO remains within a well-defined descending channel.
- Current price: $0.88
- Key support: $0.82 → holding this zone is critical for potential recovery.
- Resistance targets: $0.98–$1.04 (short-term), $1.45–$1.54 (upper channel), $1.85–$2.49 (if breakout confirmed).
- Break below $0.82 could deepen the correction toward $0.70–$0.60.
- Overall, the structure still favors consolidation near the channel bottom — watch for a reaction from current support.
These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
