Market Overview for Lido DAO/Tether (LDOUSDT) – 2025-12-13

Summary
• Price surged 5.8% from $0.5776 to $0.5989 on 24-hour candle.
• Volume peaked near $0.6008 in the late afternoon UTC.
• RSI crossed above 50, suggesting bullish momentum.
• A bullish engulfing pattern emerged at $0.594–$0.6006.

Lido DAO/Tether (LDOUSDT) opened at $0.5776 and closed at $0.5989 by 12:00 ET, reaching a high of $0.604 and a low of $0.5755. Total volume was approximately 2,651,152.57, with a notional turnover of around $1,561,569.

Structure & Formations

The price formed a key bullish engulfing pattern at $0.594–$0.6006, signaling renewed buying interest. A descending triangle structure from $0.582 to $0.5755 provided initial support, while resistance levels emerged at $0.591–$0.594 and $0.6005–$0.604. A doji formed at $0.591–$0.5923, suggesting indecision.

Moving Averages

Short-term 20/50-period moving averages on the 5-minute chart confirmed the upward move, with the 20-period line crossing above the 50-period line. On the daily chart, the 50/100/200 SMA lines suggest a continuation of a medium-term bullish trend.

Momentum and Volatility

The RSI rose above 50 during the session, indicating strengthening momentum. MACD showed a positive crossover mid-session, confirming the bullish thrust. Volatility expanded after 08:00 UTC, coinciding with a sharp move to $0.604. Bollinger Bands widened on the 5-minute chart, showing increased price pressure.

Volume and Turnover

Volume spiked sharply at $0.5944 and $0.6008, confirming price action and reinforcing the breakout. Notional turnover aligned with price moves, with no significant divergence noted.

Fibonacci Retracements

The most recent 5-minute swing from $0.582 to $0.604 saw price retesting the 61.8% level at $0.5947, which then held before a breakout. Daily Fibonacci levels suggest key support at $0.589 and resistance at $0.613.

Looking ahead, the breakout above $0.6006 may attract further buying, with $0.612–$0.615 as next targets. However, a pullback to test $0.591–$0.594 could be imminent. Investors should watch for confirmation of a breakout or a rejection at these levels.