Lido DAO Hit Hard: 12% Decline and What Comes Next
Lido DAO (LDO) has recently faced a significant decline of 12%, pushing its price down to test the critical support level of $0.75. Following a substantial drop of 68% from December 2024 highs of $2.40, the outlook remains cautious. Bearish momentum is evident through technical indicators such as RSI and MACD. Investors should closely monitor LDO’s performance as it approaches this crucial level; a breakdown could lead to further losses. Preparing for potential volatility is advisable for traders.