Lido DAO (LDO) has seen a 12% price surge, reaching $2.08, but it has been unable to break through the barrier at $2.20. Investor support remains low, raising concerns about LDO's ability to sustain gains and gain further momentum. The Global In/Out of the Money metric shows that a significant supply of LDO tokens acquired between $2.07 and $2.30 currently remains unprofitable unless the price surpasses $2.30. Breaking through the $2.20 resistance is crucial for profitability and to boost confidence in LDO. The Chaikin Money Flow indicator suggests a lack of consistent buying pressure, which could hinder further gains. Despite recent increases, LDO's ability to rally further and reach higher price levels is uncertain. If the $2.20 resistance holds, LDO's price may remain stuck in a consolidation range between $2.20 and $1.56, frustrating bullish investors. However, if LDO manages to breach the resistance, it could aim for $2.61 and potentially regain investor confidence.



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