$LDO is pushing out of its range after defending the $0.3828 support zone, now trading at $0.4605 and up 17.63% in 24h. The 4h chart added another 10%, with volume running 1.6x its 20-day average and price holding above both the 20D and 50D moving averages.
The breakout is gaining traction, but $LDO is already 89% up its 30-day range and only 3% below the monthly high. RSI at 67 and positive funding at 0.010% show strong demand, though late longs should respect the risk.
A clean push through the $0.4697 area could open $0.48, then $0.495. #LDO #Binance #Trading
Inspired by Moksedul YT on Binance Square.
The breakout is gaining traction, but $LDO is already 89% up its 30-day range and only 3% below the monthly high. RSI at 67 and positive funding at 0.010% show strong demand, though late longs should respect the risk.
A clean push through the $0.4697 area could open $0.48, then $0.495. #LDO #Binance #Trading
Inspired by Moksedul YT on Binance Square.
