#LDO $LDO Market Depth Analysis
Dear investors and friends, I would like to share with you some observations and thoughts on the latest market trend of LDO.
At present, from the 1-hour, 2-hour to 4-hour level, as well as the daily level, the market of LDO is under the control of the short side. This means that the current main trend of the market is to adjust downward. For investors holding long orders, it is recommended to stay calm, keep calm and observe, and avoid blindly buying the bottom.
From the daily level, as long as the market of LDO remains below 2.1514, the overall market will continue to be in a short state. This means that unless there is a strong buying force to push the price above this key point, the market will continue to maintain the current downward trend.
In short-term operations, we pay special attention to the changes in the market at the 4-hour level. If the price rebounds but fails to break through the key pressure levels of 2.2057, 2.2604 and 2.2898, the market will still remain in a downward trend. For this wave of short orders, our target points are around 2.0506 and 2.0361.
For investors with short spot positions, this is a good time to layout. It is recommended to build positions in batches within the range of 2.0506 to 2.0361 to seize the opportunity of falling callbacks. The key to spot investment is to grasp the rhythm of the market, allocate funds reasonably, and maintain a calm mind.
Please pay close attention to market dynamics and make wise investment decisions based on your own risk tolerance and investment strategy. The market is risky and investment should be cautious. I wish you all a smooth investment!
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