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June 6, 2025

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.

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