๐ด $DODO USDT โ Short Trade Setup (1H)
Current Price: 0.01401
$DODO is showing signs of weak momentum on the 1H timeframe after a recent rejection from the short-term resistance zone. Price structure suggests a possible lower high formation, which may lead to further downside if sellers maintain control.
๐ Entry Zones
๐น Pullback Entry: 0.01410 โ 0.01425
๐น Breakdown Entry (Momentum): Below 0.01385
๐ฏ Target Levels
1๏ธโฃ 0.01370
2๏ธโฃ 0.01340
3๏ธโฃ 0.01300
๐ Stop Loss: 0.01460
(Above recent resistance / liquidity zone)
๐ Trade Idea:
If price fails to reclaim the resistance area and breaks below the local support, we could see a continuation toward the next demand zones. Watch for volume confirmation and bearish momentum before entry.
โ ๏ธ Always manage risk and avoid over-leveraging.