📉 Short $DOLO Strategy (1H) 📉

Entry: 0.0370 – 0.0375
SL: 0.0381
TP 1: 0.0350
TP 2: 0.0333

$DOLO

Violent Rejection observed at the 0.0414 region. A long upper wick candle indicates a potential bull trap or strong selling pressure from smart money taking profits.

MACD Momentum Reversal detected. The MACD is turning downwards, and the histogram bars are shifting to light pink. This suggests sellers are regaining control of the market.

Loss of EMA 21 Support Zone. The price is currently trading below the EMA 21. A decisive close below 0.0374 could turn this EMA into strong resistance, hindering any recovery.

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