#LDO/USDT Technical Analysis – Falling Wedge in Play
$LDO is currently forming a falling wedge pattern on the weekly timeframe, a structure that often signals a potential bullish reversal if confirmed.
🔍 Key Levels to Watch:
🟥 Support Zone: $0.20 – $0.25
If price continues to decline, this area could act as strong historical support and demand. A reaction here would be crucial for maintaining the larger structure.
🟢 Resistance (Wedge Upper Trendline):
A confirmed weekly breakout above this resistance — especially with strong volume — could signal a trend reversal.
🎯 Bullish Target:
If breakout is confirmed, the projected move could extend toward $3.5, based on the measured move of the wedge pattern.
⚠️ Invalidation:
A breakdown below the $0.20 support zone would weaken the structure significantly.
As always, confirmation is key. Watch volume, market sentiment, and overall crypto strength before positioning.
#DYOR* #LDO/USDT #FallingWedgePattern #ldo