Market Overview for Lido DAO/Tether (LDOUSDT) – 24-Hour Analysis

• LDOUSDT surged by 8.3% over the 24-hour period, forming a bullish breakout pattern.
• High volatility observed with a 15-minute candle reaching a 1.2114 swing high and a 1.1862 swing low.
• Strong volume expansion occurred during the 19:30–20:30 ET window, aligning with the price rally.
• RSI rose into overbought territory, indicating potential short-term profit-taking.
• Price closed within an ascending channel, suggesting potential for further upward movement.

Lido DAO/Tether (LDOUSDT) opened at 1.1889 on 2025-09-17 at 12:00 ET and closed at 1.3301 on 2025-09-18 at 12:00 ET. The 24-hour high and low were 1.3456 and 1.1752, respectively. Total volume was 11,030,488.67, and notional turnover was approximately $14,327,055.77.

Structure & Formations

Price formed a bullish ascending triangle pattern with a key support level at 1.1862 and a resistance at 1.2114. A strong bullish breakout occurred above 1.2114, leading to a retest at 1.2071 and a final consolidation above 1.3000. A large bullish engulfing pattern at 19:30–20:00 ET confirmed the breakout.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed in a bullish "golden cross" around 22:00 ET. The 50-period line at 1.2154 and 100-period at 1.2032 provided dynamic support. Price closed above both the 200-period and 100-period moving averages, indicating a strong short-to-medium-term uptrend.

MACD & RSI

MACD turned positive at 19:30 ET and remained bullish through the closing candle. The histogram showed increasing momentum from 19:30–05:00 ET. RSI crossed into overbought territory (70+) at 02:00 ET, suggesting potential short-term profit-taking and a possible pullback.

Bollinger Bands

Price traded within the Bollinger Bands for most of the session with a volatility expansion occurring after 19:30 ET. The upper band reached 1.3285, and the closing price of 1.3301 sits slightly above the upper band, indicating overbought conditions and heightened volatility.

Volume & Turnover

Volume surged in the 19:30–20:30 ET period (707,725.59 to 930,126.95), confirming the price breakout above 1.2114. Turnover also spiked during this window, with a final 15-minute turnover of $1,244,235.57 at 05:00 ET. Volume and price remained aligned, supporting the bullish bias.

Fibonacci Retracements

Applying Fibonacci to the 1.1862–1.2114 swing, price found support at the 61.8% (1.2023) level and then broke out above 1.2114. On the daily chart, the 61.8% retracement of the recent major swing (1.1752–1.3456) sits at 1.2952, which was tested but not decisively rejected.

Backtest Hypothesis

A backtest strategy could exploit the breakout from the 1.2114 resistance level, using a stop-loss just below 1.2071 and a take-profit target at 1.3000 or the 1.3285 Bollinger Band. RSI overbought conditions suggest a potential pullback to 1.3010 as a target for a mean-reversion play. The ascending triangle pattern and bullish engulfing pattern provide high-probability setup for a trend-following trade into the next 24 hours.

Price may continue upward if it holds above 1.3010, with a target near 1.3456, but a break below 1.2952 could trigger short-term profit-taking and volatility. Investors should remain cautious as overbought RSI and stretched price action increase the risk of a near-term correction.