$LDO is breaking out.
After reclaiming the key horizontal resistance, price has pushed through an ascending triangle with strong momentum.
The trend is backed by price holding above both the 9 EMA and 50 SMA.
➜ Breakout zone = key support
➜ Structure remains bullish above it
➜ Another leg higher could be in play if buyers maintain control.
$LDO is one to keep on watch. 👀
#LDO #Crypto #Trading #Analysis
After reclaiming the key horizontal resistance, price has pushed through an ascending triangle with strong momentum.
The trend is backed by price holding above both the 9 EMA and 50 SMA.
➜ Breakout zone = key support
➜ Structure remains bullish above it
➜ Another leg higher could be in play if buyers maintain control.
$LDO is one to keep on watch. 👀
#LDO #Crypto #Trading #Analysis
