Technical analysis by wolfchemist about Symbol LDO on 7/6/2025

LDO/USDT Long-Term Accumulation Opportunity 🤝🎖️On the daily timeframe, LDO is currently forming a potential double bottom pattern, signaling the exhaustion of its prolonged downtrend. This structure often acts as a strong reversal signal, especially when supported by a clear horizontal demand zone.📉 Short-Term Price ActionThere is still a possibility of a minor dip toward the support zone of $0.66–$0.60, where significant buying interest is likely to emerge.🫡 Mid-to-Long Term OutlookFrom this accumulation range, LDO holds potential for a strong upside move1X to 3X returns possible over the next few quarters.Major resistance zones lie around $1.90–$2.80, which aligns with historical liquidity zones🤝.📌 Investor NoteThis setup is favorable for long-term portfolio positioning, especially for those looking to accumulate fundamentally promising altcoins on market consolidation.Risk management remains key. Accumulate gradually near the support zone and avoid emotional entries on short-term pumps.