Based on the current chart analysis for LDO/USDT, a detailed trading signal is presented using the OCO strategy for successful trading within 12-24 hours:
📈 Key levels for buying and exiting:
Trade Entry: Current price is $1.036. Buying can be considered if the price continues to move up, confirming the breakout of resistance.
Targets (Take Profit):
TP: $1.080 is the nearest resistance level. It is recommended to take profit when this level is reached.
Stop Loss:
Activation price: $1.014 — support level. In case of a fall to this level, the stop loss will protect your position.
Limit price: $1.001 - if the price breaks below this mark, the asset will be sold to minimize losses.
🔍 Technical indicators supporting the signal:
RSI (6): At the level of 28.77, which indicates that the asset is oversold, growth is possible if the market stabilizes.
StochRSI: A reading of 2.16 confirms that the asset is at oversold levels, which may indicate potential for a rebound.
EMA (7 and 25): Short-term moving averages indicate a correction, but growth is possible upon a breakout of the nearest resistance.
🔔 OCO (One Cancels the Other) Settings:
1. Take profit:
Set a limit at $1.080 to lock in profits on a breakout to the upside.
2. Stop Loss:
Activation price: $1.014 - when the price falls to this level, the stop loss is activated.
Limit price: $1.001 - below this level the asset will be sold to protect against losses.
💡 Recommendations:
Watch the price dynamics and volumes when the $1.080 level is broken. This will be a good signal to take profits.
Protect your position with a stop loss to avoid losses if the market reverses.
Trade smart and use the OCO strategy for maximum profit!
