Currently, LDO’s price is critical as it rests at the 0.88 USD support—only seen twice in the past two years. If bearish trends continue, it could fall to 0.545 USD, hitting new multi-year lows, risking high investment losses.
Investors should exercise caution as technical indicators suggest strong bearish momentum. Following a 43% decline in just two weeks, market conditions remain unfavorable, indicating that purchasing LDO at present levels contrasts with existing trends and indicators.