Lido DAO Token (LDO) has experienced a significant decline, trading at $1.04 after losing 3.08% in the last 24 hours. This underperformance is notable as the overall crypto market cap decreased by 3.46% in the same period. LDO also fell against BTC by 2.74% and against ETH by 3.50%.

Despite a 1.45% gain in the past month, LDO is down 34.35% year-over-year and 24.45% below the October 2024 prediction of $1.38. The sentiment remains bearish, with 68% of indicators signaling a negative outlook. Key support levels are $1.07, $1.06, and $1.04, while resistance levels are $1.09, $1.11, and $1.12.

Given the current market sentiment and technical indicators, the outlook for Lido DAO Token remains pessimistic.