Lido DAO is currently testing a crucial support level at $0.55, a significant point for traders as the token remains below its 200-day moving average, indicating a bearish trend. A break below this level could lead to further declines towards $0.50 and $0.45. Despite the price drop, Lido DAO's 24-hour trading volume has surged by 20.25%, surpassing $60 million. This increase in volume suggests heightened short-term speculation among traders, as they react to the potential for further price movements.