📉 $LDO — Bearish Short Setup | Breakdown Could Extend the Downtrend

SHORT 🔴

📍 Entry Zone: $0.3842 – $0.3959
🛑 Stop Loss (SL): $0.4230

🎯 Take Profit Targets:

- TP1: $0.3783
- TP2: $0.3666
- TP3: $0.3588

📉 Market Analysis:

LDO is showing signs of weakening momentum around its current trading range. If buyers fail to defend nearby support and sellers push the price lower, a clean breakdown could accelerate selling pressure toward the next downside levels.

The first target is $0.3783, followed by $0.3666 and $0.3588 if bearish momentum continues. The $0.3842–$0.3959 entry zone is important to watch for rejection, but confirmation from price action is essential. A recovery above this range could weaken the bearish outlook and increase the risk of a short squeeze.

🔑 Key Levels:

- Short Entry Zone: $0.3842–$0.3959
- Initial Downside Target: $0.3783
- Further Targets: $0.3666 and $0.3588
- Invalidation Level: $0.4230

⚠️ Risk Note: A move to $0.4230 would trigger the planned stop loss and invalidate this setup. Wait for clear bearish confirmation, manage position size carefully, and avoid entering solely on anticipation of a breakdown.

Bearish bias while resistance holds and selling pressure increases. 📉

Sell and Trade $LDO here 👇

DYOR.