$LDO Price is in a downtrend, trading well below its 200-day MA. It again got rejected at a stiff resistance area of $2.60 horizontal resistance and 200-day Moving Average. Swing Traders: pullbacks near $1.50 support, which has held a few times this year, could be a swing trade entry with +25% upside potential back to $2.20. or even $2.60. Stop Loss (SL) at $1.37. This is a higher risk trade setup since the overall trend is down.
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LDO
1.233
+2.32%
Replies 0