$LDO has broken out of the descending broadening wedge pattern with strong volume, signaling a potential shift in momentum. However, price is currently trading below the Ichimoku cloud, which is acting as a resistance barrier.
A decisive breakout above the cloud would confirm strength and could trigger a continued upward rally, while failure to reclaim it may keep price under pressure in the short term.
The coin started waking recently, broke through the major trend line that kept the price below for almost 7 months and now consolidating above the crucial support.
Placed some bids on the support as well.
ABS_GLOBAL_CRYPTO
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🚨 ALPHA WATCHLIST
Not every coin deserves your attention.
These do.
📅 $ETHFI – Late July catalyst. Don't wait until Crypto Twitter starts screaming.
🚀 $HYPE – CXMT listing is the next catalyst to watch.
✈️ $AERO – Launch event could inject fresh momentum.
Remember: Narratives move markets, but risk management keeps you in the game.
#BTC has reached the resistance area, but the price was rejected on the first attempt. There is still positivity in the market, and we expect another test of this zone.