Market Overview for Lido DAO/Tether (LDOUSDT)

Summary
• Price formed a strong bearish engulfing pattern after testing 0.6500.
• RSI indicates oversold conditions around 0.6300.
• Volatility dipped below Bollinger Bands as volume declined in the morning.
• Turnover surged past $151,000 during peak buying pressure at 10:00 ET.
• 0.6400 and 0.6350 serve as key support clusters based on Fibonacci retracement.

At 12:00 ET on January 10, 2026, LDOUSDT opened at 0.6500, reached a high of 0.6550, and closed at 0.6424 after a low of 0.6301. The 24-hour total volume was 237,516.93 LDO and $151,731.36 in turnover.

Structure & Moving Averages

The price action showed a clear bearish trend, forming multiple lower highs and lower lows. A bearish engulfing pattern emerged near 0.6500 as the price failed to retest previous highs. On the 5-minute chart, the 20-period and 50-period moving averages remained in a downward crossover, reinforcing the bearish bias.

. The 200-period daily MA suggests a longer-term bearish tilt.

MACD and RSI

The MACD crossed into negative territory mid-day, confirming a shift in momentum. RSI dipped into oversold territory near 0.6300 in the early morning, signaling a potential reversal, though no strong bounce followed. Momentum appears to be stalling, with the RSI hovering near 30 as of the close.

Bollinger Bands and Volatility

Volatility contracted during the early morning hours, with prices trading tightly within the Bollinger Bands. However, a sharp break below the lower band occurred at 0.6301, marking the strongest sell-off of the day. As volume increased during this move, the contraction was followed by a significant expansion, typical of a trend continuation phase.

Volume and Turnover

Volume and turnover spiked sharply at 10:00 ET when the price hit a 24-hour high of 0.6405 and again during the 03:15–05:00 ET sell-off. The final 5-minute candle at 10:00 ET showed the largest turnover of the day ($151,731.36), suggesting institutional or large-scale selling. Price and turnover were in alignment during the most critical bearish phases.

Fibonacci Retracements

Key Fibonacci levels based on the 0.6550–0.6301 swing were 0.6456 (38.2%), 0.6415 (50%), and 0.6373 (61.8%). The price found immediate rejection at the 50% level and settled near 0.6424, suggesting that 0.6400 and 0.6350 could offer further support in the near term.

LDOUSDT may test key support at 0.6400 in the next 24 hours, with a potential bounce if the 50% Fibonacci level holds. However, a break below 0.6350 could trigger further selling pressure toward 0.6300. Investors should monitor volume and RSI for signs of a reversal or continuation.