$LDO #LDO 📉
Direction: SHORT
Entry zone: 0.3192 to 0.3205
Stop loss: 0.3247
Target 1: 0.3135
Target 2: 0.3087
Lido is trading near 0.3199 dollars, down 7.17 percent in 24 hours, inside a range of 0.3137 to 0.3522 dollars, and the recent hourly closes show a drift that never bounced, 0.3232, then 0.3155, then 0.3235, then 0.3201, then 0.3199. 🔴 My reading is that LDO is drifting lower while Ethereum drops 7 percent and the whole market cools, because it gave back its push toward 0.3522 and buyers have not defended the middle of the range. A short from the current zone, with a stop above 0.3247, targets 0.3135 first and then 0.3087 if sellers push through the range low. A rise above 0.3247 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Lido fall to 0.3135 first, or rise above 0.3247? 🤔
Follow for more trades.
#Lido #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.3192 to 0.3205
Stop loss: 0.3247
Target 1: 0.3135
Target 2: 0.3087
Lido is trading near 0.3199 dollars, down 7.17 percent in 24 hours, inside a range of 0.3137 to 0.3522 dollars, and the recent hourly closes show a drift that never bounced, 0.3232, then 0.3155, then 0.3235, then 0.3201, then 0.3199. 🔴 My reading is that LDO is drifting lower while Ethereum drops 7 percent and the whole market cools, because it gave back its push toward 0.3522 and buyers have not defended the middle of the range. A short from the current zone, with a stop above 0.3247, targets 0.3135 first and then 0.3087 if sellers push through the range low. A rise above 0.3247 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Lido fall to 0.3135 first, or rise above 0.3247? 🤔
Follow for more trades.
#Lido #Crypto #FuturesTrading #TradingSignals
