LDO / TetherUS
לונג

LDO - Breakout?

311
I'm liking some of these ETH beta charts that recently started breaking out.

Would be interested in longing a retest of the breakout zone:
- either just buy the retest with stops at the lows
- or wait for a local range to form and find an entry with a much tighter stop

Best part about these alts is that they have been most down and in slow bleed, which made them prime candidates for shorts or hedges.

People will naturally get back into these short/hedge positions when looking for downside or protection, so if ETH can give us another leg up, these might squeeze to their targets pretty quickly.

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