Trade setup 🎯
$DOLO Entry Zone: $0.0780 – $0.0815
Target 1 : $0.0880
Target 2 : $0.0950
Target 3 : $0.1050+
Stop-Loss: $0.0720
Analysis: Riding the Rocket
$DOLO isn't just moving; it’s making a statement. After a period of "quiet accumulation" where the bears tried their best to keep it suppressed near $0.056, the bulls finally woke up and chose violence. We are looking at a textbook impulsive expansion.
The price has sliced through previous resistance levels like butter, supported by a massive surge in volume (look at those green towers at the bottom!). What’s even more "juicy" is the Moving Average alignment: the MA(7) is curling upward sharply, acting like a literal launchpad for the price. The long wicks on the recent hourly candles show that every time sellers try to push it down, buyers are instantly "buying the dip," keeping the momentum incredibly hot.
Outlook:
To the Moon or a Pitstop?
As long as DOLO maintains its cool above the $0.076 level, the "up-only" narrative remains the dominant theme. We are currently seeing a small consolidation near the local high of $0.084; this isn't weakness, it's the bulls catching their breath.
A clean break and close above $0.085 will likely trigger a FOMO wave, sending us straight toward the psychological $0.10 level. However, if we lose the $0.072 support, the party might be over for now, and the structure would need time to reset. Keep your eyes on the volume—if it stays high, the sky is the limit.
#BinanceAlphaAlert #analysis #DOLO $DOLO