LEO Coin experienced a strong downtrend throughout the session, marked by successive downside breakouts and persistent selling pressure. The price continuously broke lower after forming a range and marking a session high around $0.00031. Each minor consolidation or range formation broke to the downside, culminating in a session low near $0.00020. Even brief recoveries were quickly reversed, highlighting clear bearish dominance. Although a late-session Golden Cross supported a small upside, the overall structure remained firmly bearish. LEO’s price behavior reflected a strong trend day, favoring sellers across all timeframes. Let’s take a look at the LEO price analysis to see how strong the downtrend is.
LEO Price Analysis for April 29, 2025
LEO formed a range that marked the high for the day at $0.00031. The range broke out to the downside at 06:20 UTC, supported by a Death Cross of MACD. LEO formed a narrow range, which again broke out to the downside at 11:45 UTC, supported by MACD. In the meantime, at 11:50 UTC, RSI dropped below 30, indicating oversold market conditions and suggesting a reversal or a pullback. LEO again formed a range, which broke out to the downside at 16:35 UTC, supported by a Death Cross of MACD.
Chart 1: Analysed by vallijat007, published on TradingView, April 29, 2025
Price spiked to the downside and formed a downward-moving channel, a traditional pattern for a strong trend. The channel broke to the downside at 20:30 UTC, supported by a Death Cross, and marked the day’s low at $0.00020. The LEO price formed a small range at its low, which broke out to the upside at 22:05 UTC, supported by a Golden Cross of MACD. Price moved from the range strongly to the upside. LEO is currently showing strong downward momentum, with every downside LEO breakout succeeding and any attempt at an upside breakout failing.
Consolidation Breakout or Bearish Reversal to New Lows?
The value of RSI moved above 70 as the LEO coin broke out from the range on the previous day. The RSI suggests a reversal or at least a pullback. For now, LEO price is consolidating inside a range. If the range breaks out to the upside, LEO could reach $0.00031. If the range breaks out to the downside, the price could reach $0.00020 and mark another low. The price could drop further, as yesterday showed strong downward momentum. Traders and investors should be cautious before placing any trades.
LEO Faces Critical Test After Strong Selloff
LEO is consolidating after a heavy selloff, hovering between key support at $0.00020 and resistance near $0.00031. If the current range breaks to the upside, a short-term recovery toward $0.00031 could unfold. However, if the downside LEO breakout continues, new lows below $0.00020 are likely. RSI readings suggest a potential reversal, but strong downward momentum from the previous session demands caution. Traders should avoid chasing moves without confirmation, as the prevailing bias remains bearish. Watch for clear breakout signals supported by MACD and RSI before considering new positions, as LEO’s price structure still favors downside risks.
LEO Price Analysis of May 27, 2025
LEO coin began the session with a converging triangle pattern that marked the low for the day. A golden MACD crossover triggered an upside LEO breakout, initiating a series of short-lived ranges and breakout attempts. Despite multiple RSI overbought readings, the LEO price managed to climb steadily, navigating through several channels and triangle formations. Although several breakout attempts initially failed, bullish momentum ultimately prevailed, pushing LEO coin to its session high of $0.0003594.
Chart 2: LEO/USDT M1 Chart, Analysed by vallijat007, published on TradingView, May 27, 2025
LEO price formed a converging triangle pattern, which marked the low for the day at $0.0003400. The converging triangle pattern broke out to the upside at 00:47 UTC, supported by a golden crossover of MACD. Price spiked to the upside and formed a range. In the meantime, at 00:56 UTC, RSI moved above the level of 70, indicating overbought market conditions, suggesting a reversal or at least a pullback. The range had a resistance level at $0.0003425 and a support level at $0.0003410.
Leo Hits $0.0003594 High; Eyes $0.0004000 if Breakout Holds
The range attempted to break to the upside at 02:12 UTC, supported by a golden crossover of MACD, but the LEO breakout failed, and the price dropped back into the range. At 03:07 UTC, the range broke to the downside, supported by a death crossover of MACD, but this breakout also failed, and price formed another range. The second range broke out to the upside at 03:20 UTC, supported by a golden crossover of MACD. Price spiked to the upside and formed an upward-moving channel. At 03:28 UTC, RSI went above 70, which means the market is overbought and may reverse.
The upward-moving channel attempted to break to the downside at 04:06 UTC, supported by a death crossover of MACD, but the breakout failed, and LEO price rose to the upside, forming a new range. This range broke out to the upside at 04:41 UTC, supported by a golden crossover of MACD, forming a minor range. The minor range broke out to the upside at 04:49 UTC, supported by a golden crossover of MACD. Price spiked to the upside and formed an upward moving channel, which broke out to the downside at 05:08 UTC, supported by a death crossover of MACD. Price moved to the downside and formed a converging triangle pattern.
The converging triangle pattern broke out to the upside at 05:50 UTC, supported by a golden crossover of MACD. Price moved to the upside and formed another range, which broke out to the downside at 06:24 UTC, supported by a death crossover of MACD. Price moved down and formed another range. The second range broke out to the upside at 06:44 UTC, supported by a golden crossover of MACD. Price spiked to the upside, marking the high for the day at $0.0003594. If the breakout succeeds, then the price may rise to the level of $0.0004000. If the breakout fails, then the LEO price may drop to the level of $0.0003500.
LEO Pushes Toward Breakout Zone—Will It Hold?
LEO price action has been characterized by choppy, range-bound movement interspersed with sharp breakout spikes. After reaching the daily high, the most recent breakout sits on uncertain ground. If buyers maintain momentum and the current breakout holds, LEO coin could extend its climb toward $0.0004000. However, repeated RSI overbought signals and failed breakouts earlier in the session caution that a pullback toward $0.0003500 is also likely if momentum stalls. Traders should wait for confirmation with volume before committing to new positions, as the market continues to test both bullish resilience and resistance.
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