LDO Price Prediction: Pinned at the Upper Band — $0.31 Breakout or Dead Cat at $0.29?
The post LDO Price Prediction: Pinned at the Upper Band — $0.31 Breakout or Dead Cat at $0.29? appeared on BitcoinEthereumNews.com. Luisa Crawford Jul 07, 2026 09:48 LDO surged 7.12% today to press directly against its upper Bollinger Band at $0.29, but stochastics maxed at 96.90 and declining open interest signal this move is more likely short covering than fr… Market Context: Why LDO is Moving Now Lido DAO’s token has spent the better part of 2026 in a slow-motion capitulation, watching its once-dominant liquid staking narrative get quietly repriced out of relevance. At $0.29, the SMA 200 looming overhead at $0.38 tells you everything you need about how deeply the long-term trend remains broken. Today’s 7.12% single-session gain is modest in dollar terms but technically meaningful — it’s forced LDO onto a confluence of resistance that demands a binary resolution. What’s happening right now is a classic compression break. Price spent the past several sessions grindin