Whales vs Retail: LDO Breakout or Bull Trap at $0.37?
Lido DAO (LDO) is trading near its Bollinger upper band at $0.37, which could be a bullish or bearish signal depending on the context.
The short-term moving averages are below the current price, indicating a potential breakout, but momentum has stalled and the buying pressure that drove this move is exhausted.
Retail traders are net selling into the current price, while top traders (whales) have a 62.9% long bias, positioning for a breakout.
The global long/short ratio at 1.139 confirms the overall market is leaning long but not aggressively so.