$LDO Long Liquidation Alert: $3.3K Flushed at $0.3316 – Reversal Setup or More Downside?
A $3.3677K long liquidation at $0.3316 signals that leveraged buyers were forced out near a key intraday level. While the size isn’t massive, liquidations often increase volatility and can mark short-term exhaustion zones.
Technical Analysis:
Support Levels:
Immediate support is around $0.325–$0.330. This is the current reaction zone.
If this level breaks decisively, next downside support could appear near $0.30 psychological level.
Resistance Levels:
On the upside, $0.345 is the first resistance.
A stronger resistance zone sits near $0.36, where sellers may step in again.
Indicators Overview:
If RSI is trading below 40, momentum remains weak and bearish pressure dominates.
If RSI approaches 30, we may see a relief bounce attempt.
MACD below the signal line confirms bearish momentum; a bullish crossover would be an early reversal signal.
If price remains under key moving averages, overall structure stays short-term bearish.
Market Sentiment:
Current sentiment is Bearish to Neutral. The liquidation suggests over-leveraged longs were cleared, but buyers need strong volume reclaiming $0.345 to shift control.
Strategy:
Recommendation: Wait.
Conservative traders should wait for a confirmed breakout above $0.345 before entering long positions.
Aggressive scalpers may consider a short-term bounce play near $0.325 with a tight stop-loss below $0.30.
If $0.325 breaks with strong volume, downside continuation is likely.
In volatile conditions, patience protects capital.
Are you accumulating LDO at these levels or waiting for a deeper correction?
Not Financial Advice (NFA). Trade with proper risk management.
