Market Overview for Lido DAO/Tether (LDOUSDT)

Summary
• LDOUSDT broke below key support at $0.587, with bearish momentum amplifying in the final 5 hours.
• A deep selloff to $0.5691 was confirmed by a massive bearish volume spike and negative divergence.
• Volatility surged in late ET trading, with a 5.7% drop from high to low as the trend accelerated downward.

Lido DAO/Tether (LDOUSDT) opened at $0.5861 on 2025-12-30 12:00 ET, reached a high of $0.5951, a low of $0.5647, and closed at $0.5691 as of 2025-12-31 12:00 ET. Total volume across the 24-hour period was 1,824,269.82 LDO, and notional turnover was $1,066,868.16.

Structure & Formations

The price of LDOUSDT faced key resistance at $0.589 and broke critical support at $0.585 during the session, followed by a sharp bearish acceleration in the final hours. A large bearish engulfing pattern formed around $0.586–$0.5691, confirming the breakdown. A doji near $0.5855 indicated indecision before the sharp selloff.

Technical Indicators

MACD crossed bearishly into negative territory, reinforcing the downtrend, while RSI dropped sharply into oversold territory below 30. Bollinger Bands showed a sharp contraction followed by expansion during the selloff, signaling increased volatility and potential trend continuation.

Volume & Turnover

Volume surged dramatically after 16:45 ET, with a single 5-minute candle showing 940,678 LDO traded — 50% of the total volume — as the price collapsed to $0.5691. Turnover diverged negatively from price in the final hours, suggesting strong bearish pressure.

Fibonacci Retracements

A 61.8% Fibonacci retracement level from the $0.5647 to $0.5951 swing was at $0.5785, where the price paused briefly but failed to rebound. The breakdown below $0.585 confirmed a deeper 76.4% retracement, reinforcing bearish sentiment.

Looking ahead, a test of the $0.564–$0.566 level could be imminent, with further support at $0.550–$0.555. Traders should watch for a potential bounce or continuation of the bear trend. A rebound above $0.587 would suggest short-term stabilization, but the broader 24-hour move indicates a bearish bias for the next 24 hours.