- LDO surged nearly 9% within hours, reaching an intraday high of $1.164 from a low of $1.091.
- Trading volume remained strong, with 18.95M in LDO and 20.88M in USDT over the 24-hour window.
- Support is holding at $1.07, while resistance is currently observed at $1.14 after a brief breakout.
Lido DAO (LDO) recorded a sharp price spike within the past few hours, pushing from an intraday low of $1.091 to a session high of $1.164. The quick price move marked a nearly 9% increase during the observed period. As of the latest update, LDO trades at $1.160, reflecting a 5.17% rise over the last one-hour candle.
Data also shows the token’s 24-hour price range sits between $1.062 and $1.164, with steady volume support. Volumes stand at 18.95 million for LDO and 20.88 million for USDT within the same period.
Current Market Levels and Short-Term Structure
LDO’s current price is $1.12, reflecting a 1.3% gain over the last 24 hours. The hourly chart shows bullish momentum emerging after multiple red candles, leading to a breakout toward the $1.16 level. Resistance is now defined near $1.14, which briefly held before the price spiked higher. On the downside, support has formed at $1.07 based on recent consolidation before the move upward.
Notably, volume has remained elevated during the breakout, with intraday price action confirming strong buyer interest. The hourly time frame highlights a tall bullish candle that cleared previous short-term resistances. The current trend remains active, and price is consolidating just below the day’s high of $1.164.
LDO Spikes 6%, Tests Range High on Strong Volume
The most significant move occurred during a single one-hour session, where LDO jumped over 6% in minutes. This movement followed a sequence of rising green candles, breaking above prior wicks and minor resistances. Price reached $1.164 before pulling back slightly to $1.160, where it now consolidates.
This high-volume move pushed the token to test the upper band of the day’s range. While the breakout sustained above $1.14, the pullback remains minimal for now. The move occurred with elevated volume activity on both sides of the LDO/USDT pair, reflecting increased interest in short-term trading.
LDO Consolidates Between Key Levels as Volume Builds Near Resistance
Technical data places the next resistance at $1.14, where the price saw mild rejection before spiking higher. In the meantime, the support remains at $1.07, which is consistent with previous consolidation. The current volatility window is indicated with the 24-hour price range between the session low of 1.062 and the high of 1.164.
The combination of support and resistance areas will play a decisive role on how LDO trades in future sessions. Price remains above support while consolidating near resistance, with notable volume on both ends.
