Technical analysis by evasivesteering about Symbol LDO: Buy recommendation (6/8/2025)

Lido DAO remains a dominant force in Ethereum staking with a robust revenue mechanism and expansive ecosystem integration. Strengths:Top liquid staking provider with deep DeFi utility and strong revenue modelCentralization & governance concentrationHigh-APR staking rewards (~3–4%) with liquidity via stETHRisksPotential stETH–ETH price divergenceDAO-driven risk management and validator distributionSmart contract & protocol execution risksA buy zone for LDO is identified between $0.40 and $0.50. The detailed setup is illustrated in the chart.Disclaimer:This analysis is based on my personnal views and is not a financial advice. Risk is under your control.