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Symbol: LDOUSDT (Lido DAO)
Exchange: Binance
Timeframe: Daily (1D)
Current Price: $0.998 USDT
Change: +3.31%
• Falling wedge breakout: Bullish reversal pattern confirmed
• Fibonacci levels: 0.5 level at $2.26 acting as major resistance
• Moving averages: Price attempting to break above 50 EMA
• Volume: Slight uptick supporting the breakout
Resistance: $1.38, $2.26, $2.91
Support: $0.931, $0.70
• Short-term: BULLISH - Wedge breakout confirmed
• Medium-term: CAUTIOUS - Need to reclaim 200 EMA
• Risk level: Monitor $0.931 support closely
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