Technical analysis by POLARMARKET about Symbol LDO: Buy recommendation (10/2/2025)

The price of Lido DAO (LDO) is at a critical point right now, according to technical analysis on the weekly timescale. It is testing the Double Bottom pattern's neckline around US$1.1108 and is also making an effort to break through the 8-EMA resistance at US$1.1957. The price has a broad range of potential for upward movement if it can effectively break out of the 8-EMA level and reject the neckline without dropping below the bullish trendline that supports it. The initial objective is about US$1.5683, and a more optimistic target is around US$2.1888.