๐ Paradisers, #LDO is currently exhibiting a bullish market structure, supported by the presence of a Bullish Order Block (OB) and a supportive trendline.
๐Should #LDOUSDT demonstrate signs of bullish continuation, such as Change Of Character (CHoCH) or Break Of Structure (BOS) within this key zone, it would serve as bullish confirmation. This could potentially pave the way for further upward movement, targeting the next swing resistance levels.
๐In the event of a pullback, we may anticipate a bounce from below bullish OB level. However, it's essential to seek confirmation through similar CHoCH or BOS bullish structures before considering any trades.
๐Nevertheless, if the price breaks down below both the bullish OB level and the supportive trendline, it may be prudent to exercise caution and refrain from trading until clearer market conditions emerge.