Market Overview for Lido DAO/Tether (LDOUSDT) as of 2025-10-13

• Price opened at $0.8885 and closed at $0.9401, with a 24-hour high of $0.9563 and low of $0.8834.
• A strong bullish reversal occurred late in the morning, with the price surging above prior resistance.
• Turnover spiked sharply between 13:45 ET and 15:30 ET, indicating heightened buying interest.
• RSI approached overbought territory during late trading, suggesting a potential pause or pullback.
• The 15-minute Bollinger Bands showed significant expansion, indicating increased volatility in the final hours.

Lido DAO/Tether (LDOUSDT) opened at $0.8885 on 2025-10-12 at 12:00 ET, reached a high of $0.9563, and closed at $0.9401 at 12:00 ET on 2025-10-13. The 24-hour volume amounted to 154,377,224.46 Tether, with a notional turnover of approximately $142,265,774. The asset exhibited strong bullish momentum, with a key reversal forming as price broke above the $0.93 resistance level.

On the 15-minute chart, LDOUSDT showed clear support levels at $0.913 and $0.901, with resistance forming at $0.93, $0.94, and $0.95. A notable bullish engulfing pattern emerged around 14:30 ET as the price broke out of a consolidation range. This was followed by a continuation pattern that saw the price reach the session high. A bearish divergence appeared in the late session on RSI, which may signal a short-term pause in the upward trend.

The 20-period and 50-period moving averages on the 15-minute chart converged near $0.92, supporting a bullish bias. The daily chart showed a longer-term bullish trend, with the price above the 50, 100, and 200-day moving averages. The 20-period MA crossed above the 50-period MA earlier in the session, signaling a potential short-term bullish signal. The MACD turned positive in the late morning and remained bullish until the close, suggesting sustained buying pressure.

The RSI approached overbought territory at the end of the session, reaching 68–70, signaling a potential short-term pullback. The Bollinger Bands saw significant expansion during the late morning and early afternoon, particularly between 13:45 and 15:30 ET, coinciding with a sharp price move to the session high. Price traded above the upper band during this period, indicating heightened volatility and strong momentum. The upper band served as a dynamic support/resistance level during the session.

The Fibonacci retracement levels for the recent 15-minute swing were at $0.9321 (38.2%), $0.9176 (61.8%), and $0.9034 (78.6%). Price broke above the 61.8% level late in the session, confirming a bullish breakout. On the daily chart, the 38.2% retracement level was near $0.9341, where the price found support before surging higher. The 61.8% level remains a key watchpoint for the next 24 hours.

Looking ahead, LDOUSDT appears poised to test resistance at $0.96–0.97 if momentum remains strong. A retest of the $0.93–0.94 level is likely if the market consolidates. Traders should remain cautious of potential bearish divergences in the RSI and possible profit-taking at key Fibonacci and moving average levels.

The backtest hypothesis involves identifying Bullish Engulfing candlestick patterns on the LDOUSDT pair and holding the position for five days. While the data interface could not recognize the ticker, this strategy can be adapted to other assets like BTCUSDT or ETHUSDT. Once a Bullish Engulfing pattern is confirmed on the 15-minute chart, a long position is initiated, with stops placed below the pattern’s low. The target is set at a 5%–7% gain or a 2%–3% stop loss. Historical data for such patterns on BTCUSDT or ETHUSDT can be used to validate the strategy's effectiveness.