$DODO Down #Alert🔴
📍 Entry: 0.01843 — 0.01880
🛑 SL: 0.02150
🎯 TP1: 0.01820
🎯 TP2: 0.01805 (24h Low)
🎯 TP3: 0.01750
🎯 TP4: 0.01680
The technical setup in suggests a continuation of the broader macro downtrend, with the asset down -64.92% over the last year. Despite the order book showing a significant buyer lead at 80.99%, the price is pinned at the bottom of its range, suggesting these bids are being aggressively filled by sellers rather than driving the price up. DODO is currently facing stiff competition in the DEX space as liquidity shifts to newer protocols. Expect a retest of the 0.018 support floor, where a breakdown could lead to new yearly lows.
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