LDO: Break $1.63 to Push Toward $1.80–$2.00
I see bullish momentum in Lido DAO — the MACD histogram is positive and price is eyeing the $1.63 resistance. A clean break of $1.63 opens a move toward $1.80–$2.00 over the next 4–6 weeks, implying roughly 15%+ upside.
That outlook depends on follow-through volume at the breakout; failure at $1.63 would invalidate the near-term bullish case and could push price back to recent support. I expect a measured rally rather than a parabolic spike.
I would buy on confirmation of the breakout or consider a smaller entry on weakness, using a tight stop below the recent swing low and scaling out into the $1.80–$2.00 target range.
Analysis
Recommendation
Buy on a confirmed breakout above $1.63 or enter a smaller position on weakness, keep position sizing controlled, place a stop below the recent swing low, and take profits into the $1.80–$2.00 band.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.