The Bearish Flag is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation if preceding move was down.
Gradual reversal from bearish to bullish.
Technical analysis of Lido DAO (LDO) reveals a significant setup. Price has moved to $0.27 (-1.04%) amidst recent volatility. Price action has carved out a classic Bearish Flag. This setup is supported by average volume turnover. A potential breakout level is identified at $0.24, targeting $0.02 with support near $0.3 (R:R 4.07).
What is your outlook on LDO?