$LDO is pressing its 4H EMA50 after a triple bottom 🌊
Lido, the biggest liquid staking protocol on Ethereum, held 0.359-0.361 three times since Oct 24. Now it's +3.2% and grinding right into the 0.377-0.381 lid where the EMA50 sits.
🟢 Triple bottom: 0.359-0.361
🔴 Lid: 0.377-0.381
🎯 Next: 0.40-0.42
This EMA50 has rejected every bounce since Oct 21. A 4H close above 0.381 would be the first real trend change in a week.
👉 Tap $LDO
for the live chart. NFA
Ethereum staking plays: undervalued here? 👇
#Lido #Ethereum #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Lido, the biggest liquid staking protocol on Ethereum, held 0.359-0.361 three times since Oct 24. Now it's +3.2% and grinding right into the 0.377-0.381 lid where the EMA50 sits.
🟢 Triple bottom: 0.359-0.361
🔴 Lid: 0.377-0.381
🎯 Next: 0.40-0.42
This EMA50 has rejected every bounce since Oct 21. A 4H close above 0.381 would be the first real trend change in a week.
👉 Tap $LDO
for the live chart. NFA
Ethereum staking plays: undervalued here? 👇
#Lido #Ethereum #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
