LDO/USDT – Symmetrical Triangle Breakout Setup

LDO is trading just below a major downtrend line and forming higher lows, compressing into a symmetrical triangle. A breakout looks close!
Chart Insights:
Price approaching resistance around $0.87–$0.88
Strong structure of higher lows holding since June
A breakout above the trendline can trigger a strong move
Trade Setup:
Entry: On breakout above $0.88
Stoploss: Below $0.81
Targets:
T1: $0.943
T2: $1.009
T3: $1.076
T4: $1.166
T5: $1.265
Good volume confirmation will strengthen the move. Watch closely!
DYOR | Not financial advice
Chart Insights:
Price approaching resistance around $0.87–$0.88
Strong structure of higher lows holding since June
A breakout above the trendline can trigger a strong move
Trade Setup:
Entry: On breakout above $0.88
Stoploss: Below $0.81
Targets:
T1: $0.943
T2: $1.009
T3: $1.076
T4: $1.166
T5: $1.265
Good volume confirmation will strengthen the move. Watch closely!
DYOR | Not financial advice
Trade ativo
Most of the targets hit, Currently trading around $1.155, which is 38% up from our entry zone !!
Follow us for more such updates !!
#LDOUSDT
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.