LDO Signals a Momentum Shift ⚡ | Falling Wedge Breakout
Lido DAO (LDO) has just delivered a technical development that traders look for — a confirmed breakout from a falling wedge on the 8H timeframe. This structure often marks the transition from downside exhaustion to renewed upside momentum.
What makes this move stand out is the clear surge in buying interest around the breakout zone. Buyers are stepping in with confidence, suggesting that control is gradually shifting from sellers to bulls.
If price continues to hold above the breakout level, LDO could be setting up for a steady upside expansion rather than a quick reaction move.
Upside Levels to Watch: 🎯 $0.66 — Immediate reaction and short-term objective
🎯 $0.78 — Extension target and momentum validation zone
As always, sustained volume and successful retests will be key to confirming continuation. For now, LDO’s structure hints that the market narrative may be turning in favor of the bulls 🐃
