LDO Breakout to $1.80–$2.00 on $1.63 Resistance Break
I see bullish momentum in LDO, with the MACD histogram positive at 0.0248 indicating upward pressure. The key level to watch is $1.63 — a clear break would confirm the short-term trend.
After a $1.63 breakout I expect a move toward $1.80–$2.00 within roughly 4–6 weeks, roughly a 15% upside. I remain cautious about volume confirmation and will exit if momentum fades.
Analysis
Recommendation
Recommendation: buy on a confirmed break above $1.63 or consider a measured buy with a tight stop below recent support. Set profit targets near $1.80 and $2.00 and manage risk if momentum weakens.
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.