What is Lido wstETH USD and why is it declining?

Lido wstETH USD (WSTETHUSD) is a liquid staking token representing wrapped staked Ethereum. The **-13.76%** decline reflects broader market weakness in crypto assets and reduced demand for liquid staking positions. Technical indicators show a strong downtrend with elevated selling volume, though the token maintains significant market value at **$10.59 billion**.

What are the key support levels for WSTETHUSD?

The primary support level sits at **$3341.98** (lower Bollinger Band), with secondary support at the **50-day moving average of $3732.82**. The **Keltner Channel lower band at $3409.48** provides additional support. Breaking below $3341.98 would signal further weakness toward lower targets.

What does the technical analysis suggest for WSTETHUSD?

The **RSI at 59.69** shows neutral momentum, while the **ADX at 33.25** confirms a strong downtrend. The **MACD remains bearish** with the main line below the signal line. Price trading in the lower Bollinger Band half suggests downside momentum persists, though oversold conditions haven't yet emerged.

What are the price forecasts for WSTETHUSD?

The monthly forecast targets **$2852.16** (-4.17%), the quarterly forecast projects **$3375.02** (+13.39%), and the yearly forecast reaches **$4009.81** (+34.56%). These targets suggest near-term pressure followed by potential recovery as market conditions normalize over longer timeframes.

Is WSTETHUSD oversold at current levels?

Current technical readings don't indicate extreme oversold conditions. The **RSI at 59.69** remains in neutral territory, and the **Stochastic %K at 83.03** shows overbought momentum readings, which often precede reversals. The token may find support before reaching deeply oversold levels.

How does WSTETHUSD's long-term performance compare to recent weakness?

Despite the **-13.76%** recent decline, WSTETHUSD shows **+90.08%** gains over three years, demonstrating strong long-term appreciation. The **year-to-date decline of -10.07%** places current weakness in perspective relative to 2026 performance, suggesting recent weakness may be temporary.

Crypto Insights

Lido wstETH USD Faces $2852 Monthly Target as -13.76% Decline Pressures Recovery

ByHuzaifa Zahoor February 4, 2026

Lido wstETH USD (WSTETHUSD) has experienced significant downward pressure, declining 13.76% to trade at $2976.39 as of February 4, 2026. This substantial pullback has raised questions about the near-term direction of the liquid staking token. Market participants are closely monitoring whether WSTETHUSD can stabilize at key support levels or if further weakness lies ahead. Understanding the technical landscape and price targets becomes essential for those tracking this major crypto asset. We’ll examine the current market conditions, technical indicators, and what the data suggests about WSTETHUSD’s path forward.