LDO Surges to $0.49, But Momentum and Sell Flow Raise Concerns
Lido DAO's native token LDO surged 8.47% to $0.49, reclaiming the $0.48 pivot and trading above every major moving average.
However, momentum has flatlined at the MACD zero line, stochastics are deep in overbought territory, and taker sell flow dominates spot execution.
The medium-term trend is genuinely recovering, but the short-term setup is overextended, with price trading above the Bollinger upper band.
A close above $0.49 would be the first genuine sign that this isn't just a wick-and-fade, while a daily close below $0.41 would confirm the full MA stack has been pierced and the trend has broken.