Lido DAO’s native token, LDO, has experienced a significant decline, dropping below the $0.65 level and hitting oversold territory on the RSI indicator. This comes amidst rumors of institutional withdrawals from Lido’s staking ecosystem, sparking panic selling and driving prices towards key support levels. 3-day chart analysis reveals a sustained downtrend since early 2024, with notable resistance zones located at $2.40-$3.50 and previous mid-range support around $0.84-$1.00. The RSI reading of 30.16 signals strong oversold conditions, mirroring historical price reversals in July 2022 and September 2023. The current market action aligns with potential forced selling speculations based on rumors of institutional exit from Lido’s staking platform. Technical analysis suggests that the next critical support level lies between $0.50-$0.60, attracting moderate buy interest. However, without official confirmation, LDO remains technically weak across all timeframes.