LDO Trading Range: Breaking Above or Back to $0.37

LDO is trading at $0.40, up 2.65% on the day and sitting above every major moving average on the board.

The token has been grinding higher with conviction and as Blockchain.news has tracked across the DeFi sector, liquid staking derivatives have been quietly regaining relevance as Ethereum's staking ecosystem matures.

The 24-hour trading range of $0.38 to $0.40 on Binance spot indicates controlled price action, no panic or blow-off top, just steady accumulation leaning into resistance.

LDO is sitting roughly 80% of the way between the lower and upper Bollinger Bands at a Bollinger Band %B of 0.80, with the upper band at exactly $0.41, which also happens to be the immediate resistance level.