Lido explosive price rally after dead cat?👀 Ldo analysis today

12 ביוני 2023

💎currently trading within a wedge pattern and has been following the VWAP 200 for the past few hours. At present, it's consolidating at a specific support level and holding its position firmly.

💎The upper trendline was confirmed after four consecutive lower highs, creating a cycle of lower highs and lower lows.

💎An interesting observation is that it also maintains strong support at 1.668 despite market uncertainty. This level is a significant point of interest.

💎 if the price breaks, we could witness a downward move of 13%, followed by a bounce back and a return to upward momentum.

💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!