LDO is bullishLDOUSDT Perpetual ContractBYBIT:LDOUSDT.PGoldsteinTheProfiletraderHere is the LDO picture and I want to explain why it is offering buying opportunities right now: The price had a big move to the downside and broke out of the bracket on lower volume than it can be found within the bracket. So being below the bracket is not the time to sell. We can also see that aggressive short-term sellers were in control to liquidate the longs. A lot of longs could have been found on the previous move to the upside, that lead the price into the pmProfile. So the 4 hr low on the left, that got taken out on this move to the downside, was the origin of the previous bullish move. This was the FTR draw (liquidity grab). Aggressive short-term sellers always compete against long-term buyers. The LTB will always win. It is just a matter of time and to find a good spot, when the market will be depleted of selling potential. It won´t be able to go any lower and the shorts will get squeezed afterwards. If we look at the 4 hr price structure, I don´t think that´s a lower high downtrend structure. It is really a bracket with some proper downside deviations. Once the market is depleted of selling potential, we can expect a full move to the high of the bracket and eventual a proper deviation of the bracket. So a full rotation of the pmProfile is very likely imo. In the local picture we can see low volume bracketing but then many aggressive sellers came in once more even after the strong downtrend. So far they were not even able to take out the low which could be a sign that the market can not go any lower right now on LDO. So really: 1) below the bracket 2) below the monthly (support) liquidity 3) below the pwProfile 4) at the lower end of the developing pwProfile which is b-shaped (short-term sellers against long-term buyers, LTB will always win in the end 5) below the pmProfile 6) local shorts can not even take out the low. Give this baby some time and then ride it.