LDO’s recent rally is surprising as 77% of investors predicted a bullish trend. However, significant sell-offs of 3.5 million USD took place, reflecting a potential profit-taking behavior among traders.
The recent liquidity inflow hints at potential price pullbacks. Analysts indicate strong selling pressure could lead LDO down to 1.05 USD if downward trends continue, while upward movements may be limited to around 1.27 USD.
Leave a Reply