🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
🏆 Square Sharing Prizes:
1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O
LDO Struggles to Shake Off Bearish Channel and Break the $1.50 Barrier
$LDO remains trapped in a descending channel, with $1.50 as the next resistance.
The recent 14% rally paused near $1.24, signaling bullish momentum and short-term consolidation.
Trading volume steady at $346M shows solid interest despite price struggles.
Lido DAO’s $LDO trades at $1.21, slipping 2.8% in 24 hours but up 12% over the week. Amid steady volume, the token fights to break $1.50 and escape its long-term downtrend.
Persistent Downtrend Holds $LDO in Check
Over the past 18 months, Lido DAO’s price has clearly faced tough times. The token has been stuck inside a descending channel, sliding from above $3.00 in early 2024 down to lows near $0.60 by mid-2025. While it’s bounced off the lower boundary a few times, the overall trend has stayed bearish.
Source Ali Charts Via X
Recently, $LDO managed to push above the channel’s middle line, gaining nearly 14% and reaching about $1.24. This shows renewed buying interest, but it still hasn’t cracked the key resistance around $1.50. Until it does, the downtrend remains a concern.
Volume and Market Interest Remain Robust
Trading activity in Lido DAO looks solid. In the last 24 hours, futures volume topped $303 million, while spot volume hit about $43 million. Open interest remains steady around $216 million, showing that traders are actively involved
This healthy liquidity has helped fuel short-term rallies but hasn’t yet sparked a clear trend reversal. Volume surges during the recent jump to the $1.24 point point to strong buying activity.However, volume cooled off afterward, showing how cautious traders are waiting for a clear breakout.
Mixed Signals from Technical Indicators and Market Cap
Short-term indicators show that Lido DAO’s recent rally might be losing steam. On the hourly chart, the MACD has crossed below the signal line after topping near $1.30, and the RSI has cooled off from overbought levels to around 40—both signs pointing toward a possible pullback or some sideways consolidation before the next move.
Source: CryptoRank
The market cap tells a similar story after jumping to $1.16 billion during the rally. For now it has dipped to around $1.08 billion. This decline likely reflects profit-taking rather than any change in circulating supply, suggesting that investors are playing it safe for now.
LDO is still stuck in a broader downtrend, and while the recent surge sparked optimism, it’s not enough yet. All eyes remain on the $1.50 resistance—a clean break above could flip the narrative, but until then, the token stays in limbo.
The post LDO Struggles to Shake Off Bearish Channel and Break the $1.50 Barrier appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.