LDO: Targeting $1.63 Break for 15% Upside to $1.80–$2.00
I see Lido DAO (LDO) displaying bullish momentum — the MACD histogram is positive at 0.0248, supporting upside continuation. I expect a break above the $1.63 resistance could propel LDO toward $1.80–$2.00 within 4–6 weeks.
That move represents roughly a 15% upside from current levels, with $1.63 the key confirmation level; failure to clear it would raise downside risk and argue for patience or a retest of support.
I would take a measured long stance: size positions to risk tolerance, use a stop-loss below nearby support, and consider scaling in on weakness or after a confirmed breakout.
Analysis
Recommendation
Buy with discipline: consider a scaled entry or buy on weakness, set a stop-loss below nearby support, and treat $1.63 as the trigger for a conviction long position.
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.