LDO Struggles to Shake Off Bearish Channel and Break the $1.50 Barrier

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$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.

LDO-2.32%
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