Lido Stuck at Pivot Resistance as Top Traders Are Heavily Long
Lido's (LDO) price has been coiling at its pivot resistance, but momentum is flatlined, and aggressive sell flow dominates the short-term tape. Top traders are 61% long, making the $0.37 level a crucial target.
The chart structure appears bullish on the surface, with LDO sitting above all major moving averages in clean ascending order. However, this alignment doesn't happen by accident; it indicates the trend has been quietly recovering.
The MACD histogram is printing a hard zero, meaning the engine that drives sustainable price expansion has stalled right as LDO presses against $0.37 immediate resistance. The RSI confirms this hesitation, with room to push higher without triggering overbought conditions but buyers aren't stepping on the gas.