#LDO is still trading below the descending trendline.
This yellow trendline has repeatedly limited previous recovery attempts, indicating that sellers remain in control of the broader structure.
However, there is an important development:
🔹 Price has started forming a higher low from the ~$0.23 area.
🔹 Price is now approaching the descending trendline again.
🔹 The $0.400 horizontal resistance is also located very close to the trendline.
🔹 Therefore, the $0.400–$0.445 area becomes a critical confirmation zone.
It's best to wait until the price successfully breaks through this Descending Trend Line, then buy/go long afterward.
Short term target of at least 15%+ after successful Breakout.
