*** *** For this particular analysis on LDOUSDT we are using the LDOUSDT symbol on the OKX exchange. *** ***
The idea is on the 4H time-frame where LDOUSDT just broke above its 4H MA200 (orange trend-line) and at the same time by doing so, it hit the Lower Highs trend-line from the September 15 High. This is a major Resistance Cluster as the slightest break-out, technically restores the bullish trend at least on the medium-term. With an emerging 4H MA50/100 Bullish Cross and the 1D RSI rising strongly since October 13, a Lower Highs break-out can target the upper Fibonacci levels.
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