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#LDO is trading in a broad descending channel on the daily timeframe, maintaining a bearish market structure. Price is currently testing a key demand/support zone around 0.55–0.62. repeated rejections from descending trendlines suggest sellers remain in control. A daily close above 0.70–0.75 and the descending trendline would be needed to signal a potential trend reversal; otherwise, downside risk persists.
#CryptoMarketPrediction