The post UNUS SED LEO (LEO) Finds Its Footing Near $8: Can the Recovery Hold? appeared on BitcoinEthereumNews.com.

The post UNUS SED LEO (LEO) Finds Its Footing Near $8: Can the Recovery Hold? appeared first on Coinpedia Fintech News LEO price is attempting to steady itself after a recent pullback, rising more than 2% in the latest session as buyers stepped in near the $8 level. The move comes after several days of persistent selling that pushed the token toward a price zone that has repeatedly acted as a floor in the past. While the rebound is modest, it stands out because it comes at a time when broader market conditions remain uncertain. Instead of accelerating lower, LEO slowed its decline, found support, and began to move higher, raising an important question for traders: Is this just a temporary bounce, or a sign that downside pressure is starting to fade? LEO Price Action Stabilizes After Testing Demand Zone LEO’s recent decline pushed the token toward the $8 demand zone, a region that has historically acted as a buying region. After sliding for several sessions, LEO finally found support around $8,demand zone. As price reached this level, selling pressure visibly weakened. The recent bounce reflects defensive buying, not aggressive accumulation. The daily RSI has moved out of the oversold region and is now hovering around 40s. While this does not confirm bullish momentum yet, it does indicate that selling pressure has cooled. In strong bearish trends, RSI tends to remain pinned below 30-35, something LEO has avoided during this bounce. At the same time, MACD remains negative but is flattening, with the histogram showing declining bearish momentum. This often precedes range formation or a short-term relief move, especially when price is sitting on a well-defined zone like $8. While LEO price is still trading below its 50-day and 100-day EMAs, which keeps the broader structure cautious.  .article-inside-link { margin-left:…

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Filed under: News - @ February 4, 2026 1:28 pm