🔹 Lido DAO has just driven a long-term strategy after the community proposed allocating 60 million USD from the treasury to strengthen protocol development and support the ecosystem. The initiative has shifted market attention toward Lido’s fundamentals rather than short-term speculative narratives. As a result, Lido DAO ($LDO ) has drawn strong buying pressure, rising 11.24% over the past 24 hours to trade around $0.3668. Daily trading volume also increased by 23.66%, indicating that fresh capital is genuinely joining this rebound rather than it being merely a temporary price reaction.
🔸 Derivatives activity has reinforced the upward momentum as OI rose 27.37% to about $72.37 million, showing that new positions are being expanded in the market. Data from Binance indicates that the Long/Short Ratio of the Top Traders continues to favor the buyers, at 1.57 (61.08% holding Long positions and 38.92% holding Short positions). These figures demonstrate that experienced derivatives traders still maintain confidence in the growth trend, despite the volatility risk that may arise as leverage usage increases further.
🔹 Technically, the LDO has regained the $0.3572 support level after recovering from July’s low. This reversal is confirmed when the Parabolic SAR indicator moves below the price line, while the MACD remains above the signal line and the histogram chart turns positive. However, this uptrend is nearing a key resistance zone at $0.4179—an established technical barrier that has previously rejected many recovery attempts. If the buyers can maintain their momentum, LDO may break out above this resistance level; otherwise, the $0.3572 mark will act as the first line of defense against fresh selling pressure.
With the surge in derivatives flow and the momentum from the $60 million treasury proposal, will you choose to open a Long position to anticipate a breakout through the $0.4179 barrier, or wait for a price retest of the $0.3572 support level for a safer entry?
News and information are for reference only and are not investment advice. Please read carefully before making a decision.