Currently, $LDO is at a crucial point, signaling a potential bullish continuation from the strong support at $1.03. If the price holds steady at this level, we could see a breakout above the descending resistance of the ongoing channel. However, sustained buying pressure is essential for this breakout to materialize.

To confirm the bullish scenario, we need a clear break above the Bearish Order Block (OB) between $1.51 and $1.65. Look for strong engulfing candles and sustained momentum in this zone as confirmation that the breakout is valid. Until these signals appear, it’s wise to remain cautious and avoid entering too early. Given the market's recent volatility, waiting for the right confirmation can make the difference between profit and loss.

If bulls fail to push LDO above the $1.51-$1.65 range, momentum may shift back toward the sellers. The key support level to watch remains $1.03, which has been tested twice and held firm. A rebound from this level would keep the bullish outlook alive and could set the stage for another attempt to break higher.

However, if the $1.03 support fails to hold, the price could drop toward the major support zone around $0.879. A move into this range and continued weakness would invalidate the bullish scenario, making it important to adjust your strategy accordingly.

The market is full of opportunities for those who stay disciplined and focused.