LDO Pumped — Manage Profits, Don’t Chase
I noticed Lido DAO (LDO) spiked later — it looked like a classic momentum move. I didn’t automatically jump in; I watched volume and price action first.
If you took the trade, you should have a plan: lock profits or use a trailing stop because these quick pumps often retrace. If you missed it, I wouldn’t chase at elevated levels.
Analysis
Recommendation
If you were long, scale out or use a tight trailing stop to protect gains. If you didn’t enter, wait for a clear pullback or buy-on-weakness signal rather than chasing the top.
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.