$DOLO O is running into a clear supply zone, and upside follow-through is lacking.
SHORT $DOLO
Entry Zone: 0.0735 – 0.0760
Stop Loss: 0.079
TP1: 0.069
TP2: 0.064
Price has reached a previous distribution area after a strong bounce.
Lower timeframes show repeated rejection, with buying pressure getting absorbed near the highs.
Momentum is slowing instead of accelerating, signaling weakening bullish strength.
As long as price remains capped in this zone, the move appears corrective.
Bias favors a downside retracement from here.