$LDO Lido LDO broke out of the neckline resistance (around

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$LDO
Lido LDO broke out of the neckline resistance (around $0.4) and is currently testing it for support.

If support at neckline resistance continues to hold then expect continuation of uptrend up to $0.45

Invalidation lives under 0.39
#ldo

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Chart Witch

Bullish

$LDO — Cup & Handle Forming
LDO is building what looks like a cup-and-handle structure on the 1H chart, right underneath a major resistance zone.
Neckline: $0.40
Current price: ~$0.390
200EMA Key support: $0.37

A clean breakout and hold above $0.40 would complete the pattern and put $0.45 on my radar.

Until then, it's still a setup — not a breakout.
(Invalidation lives under 0.37)
👀 Watching the retest closely.
#ldo #Crypto #BinanceSquare #TechnicalAnalysis

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

LDO+1.30%