Market Overview for Lido DAO/Tether (LDOUSDT) on 2025-12-29

Summary
• Price tested key resistance near 0.5900-0.5950 before pulling back.
• Momentum slowed after an early morning rally, RSI suggests overbought conditions resolved.
• Bollinger Bands widened in late morning, signaling rising volatility.
• Volume surged in early morning hours, diverging from price weakness in afternoon.
• Fibonacci retracement levels at 0.5900 and 0.5830 acted as key pivot points.

The 24-hour session for LDOUSDT opened at 0.5879, reached a high of 0.6155, and a low of 0.5766, closing at 0.5834 by 12:00 ET. Total volume amounted to 2,399,259.13 and notional turnover reached 1,398,452.92.

Structure and Key Levels

Price broke above the 0.5900-0.5950 range in the early morning before reversing. A bearish engulfing pattern emerged at 0.6145–0.6123, hinting at near-term exhaustion. The 0.5900 level appears to act as a psychological floor, while 0.5830–0.5850 is a probable support zone.

Momentum and Overbought Conditions

RSI reached overbought levels near 70 during the early morning rally and corrected to neutral ground. MACD lines showed a bearish crossover in the late morning, with a declining histogram suggesting weakening bullish momentum.

Volatility and Bollinger Bands

Bollinger Bands expanded in the early morning, coinciding with the price spike to 0.6155, and later narrowed, indicating a potential consolidation phase. Price remains above the 20-period moving average but below the 50-period line on the 5-minute chart.

Volume and Turnover Dynamics

Volume spiked sharply in the early morning hours as price surged above 0.6100, but declined as price retreated. Notional turnover diverged from price after 05:00 ET, suggesting caution among traders ahead of a possible reversal.

Fibonacci Retracements and Projections

Fibonacci retracements from the 0.5766–0.6155 swing show 0.5900 (38.2%) and 0.5830 (61.8%) as critical levels. Price appears to be finding support near 0.5830, which could set up a potential bounce or continuation lower.

Looking ahead, LDOUSDT may face renewed pressure if it breaks below 0.5800, potentially targeting 0.5750. Traders should remain cautious about potential consolidation or reversal patterns as the market digests recent volatility.