✴️ Lido DAO Bullish Regardless What Happens

26 ביוני 2023

Lido DAO is undergoing consolidation after a correction on a bullish phase that started January 2023.

The pair remains really strong as the correction is weak. The current price trades more than 150% above its Dec. '22 low.

There is a higher low short-term (mid-June vs mid-May) and prices have recovered above EMA10.

The RSI is moving up almost reaching 50... As long as the blue line/support holds, expect LDOUSD to resume the initial move and grow.

Breaking the support level would only signal more correction but followed by additional growth.

Namaste.