Lido DAO (LDO) is the governance token of Lido, a leading liquid staking platform that allows users to stake assets like Ethereum while maintaining liquidity. This enables users to earn staking rewards without locking up their assets, making Lido a crucial player in the DeFi ecosystem.
📊 Trade Setup:
🔼 Direction: LONG
✍️ Type: SWING
🛍 Leverage: 3x
📍 Entry Zone: 1.8556 – 1.6954
🎯 Target Levels:
1️⃣ 2.1021
2️⃣ 2.3712
3️⃣ 2.7115
🔴 Stop Loss: 1.4949
💹 LDO is showing bullish momentum, and this trade setup aligns with strong support levels and potential upside targets. Manage risk accordingly!