Lido DAO's native token LDO is stuck at $0.36, with technical indicators flashing a 'completely lifeless' MACD and selling volume outpacing buying by 15%. Traders are bracing for a potential slide to the $0.34 support zone within the next seven days, according to market data.
MACD 'completely lifeless' at the pivot
The Moving Average Convergence Divergence (MACD) indicator for LDO is described as 'completely lifeless' at the $0.36 pivot. This suggests a lack of momentum in either direction, but the persistent selling bias tilts the outlook bearish. When the MACD flattens near a key price level without a clear signal, it often precedes a breakdown.
Taker-driven selling dominates
Taker-driven selling volume exceeds buying volume by 15%, meaning aggressive sellers are pushing orders through the order book rather than waiting for passive buyers. This imbalance indicates that market participants are more eager to exit positions than to accumulate. The 15% gap is significant enough to weigh on price action, especially when combined with the MACD's lifeless reading.
Support zone in sight
Analysts tracking the order flow predict a price drop to the $0.34 support zone within the next seven days. That level has historically acted as a floor for LDO, but if selling pressure continues at the current rate, it could be tested sooner. The question now is whether buyers will step in at $0.34 or if the token will slice through to lower levels.
LDO has been under pressure amid broader market uncertainty and a lack of fresh catalysts for the Lido protocol. The next few days will show whether the $0.34 support holds or gives way.
