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Summary
• Price declined sharply early, breaking below key support at 0.635 and forming bearish engulfing patterns.
• Momentum weakened as RSI approached oversold territory and volume surged during the selloff.
• Volatility expanded with a 5.6% range, and price traded near the 61.8% Fibonacci level of a recent 5-minute retracement.
• A sharp rebound emerged near 0.6295, showing buying interest but failed to close above critical 0.634 resistance.
Lido DAO/Tether (LDOUSDT) opened at 0.6435 on 2026-01-04 12:00 ET, reached a high of 0.6521, a low of 0.6241, and closed at 0.6485 on 2026-01-05 12:00 ET. Total volume was 6.36 million, and notional turnover amounted to ~$410,632.

The 5-minute 20SMA and 50SMA crossed in a bearish alignment early in the session, supporting the downward move. Daily MAs remained mixed, with the 50DMA crossing above the 200DMA, suggesting some medium-term strength.
A 5-minute retracement from the high of 0.6521 to the low of 0.6241 showed price finding support near the 61.8% level at 0.6316. However, a test of the 38.2% level at 0.6374 failed, suggesting limited near-term upside.
The market appears to be consolidating near a critical inflection point, with mixed signals from momentum and volume. A break above 0.634 could invite short-term buyers, but a retest of 0.6295 may expose further downside risk if bearish pressure persists. Investors should remain cautious about liquidity gaps and potential divergence in the next 24 hours.
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