Crypto
Lido DAO Price Stalls at $0.46 as Top Traders Lean Long
Lido DAO's price has dropped nearly 5% in 24 hours, carving out a session range from $0.50 to $0.46.
Price opened near the Bollinger upper band and compressed down toward the session low, which is close to the $0.44 immediate support level.
The short-term trend is flashing a warning that the easy money from the recent rally has already been made.
The MACD histogram has gone completely flat, and if it flips bearish on the daily close, momentum-following strategies will start auto-rotating out.