Thanks for sharing this Binance futures screenshot and your proposed long position on $DOOD (Doodles token). I'll break it down step by step, validate the data against current market info, assess the setup's viability, and suggest adjustments based on real-time trends. Note: $DOOD is the native utility and governance token of the Doodles ecosystem—a Solana-based project evolving from a popular Ethereum NFT collection into a transmedia storytelling brand with AI-driven community features. It's traded on major exchanges like Binance, Gate.io, and MEXC, with a circulating supply of ~7.8B tokens (max 10B).
Key Data from Your Screenshot (as of ~Dec 7, 2025)
Current Price: 0.005732 USDT (mark price: 0.005741 USDT)
24h Change: +33.3% (strong bullish momentum)
24h High/Low: 0.006902 / 0.004341 USDT
Volume (24h): ~2.42B USDT (high liquidity for a mid-cap altcoin)
Order Book Snapshot (top levels):
Side
Size (Contracts)
Price (USDT)
Size (Contracts)
Side
Bid
17,110
0.005732
18,805
Ask
84,471
0.005732
10,474
127,858
0.005732
52,052
201,357
0.005732
127,526
299,217
0.005732
93,300
Imbalance: Bids slightly outweigh asks (~51.32% bid depth vs. 48.68% ask depth), supporting mild buying pressure.
Chart View: 7-day candlestick shows an upward reversal from lows around 0.004, with green candles dominating recent sessions. Timeframe selector highlights +50.49% today, but -6.25% over 7 days (volatile recovery play).
Your Proposed Long Setup:
Entry: Implied at current ~0.005732 (long bias).
TP1: 0.00590 (+10% / ~0.00168 gain).
TP2: 0.00618 (+15% / ~0.00245 gain).
TP3: 0.00725 (+28% / ~0.00518 gain; "major test zone").
SL: 0.00400 (-30% risk from entry; wide but protects against breakdown).
This is a momentum-driven scalp/long on the perp contract (up to 125x leverage on Binance, but I'd recommend 5-10x max for risk control).
Current Market Update (as of Dec 7, 2025)
Based on aggregated data from reliable trackers:
Live Price: ~0.004377–0.00779 USDT (sources vary; CoinMarketCap at 0.004377, CryptoRank at 0.00779—likely due to exchange-specific pricing. Your screenshot aligns closer to a mid-recovery snapshot around 0.0057).
24h Change: Mixed; -0.54% to -8.89% (down from your +33%, suggesting a pullback or data timestamp difference).
Market Cap: $34M–$58M (rank #556–#839 globally).
24h Volume: $8M–$22M (solid, but down 28% from peaks—watch for fading interest).
Recent Performance:
7d: +2.3% (outperforming global crypto +1%, but volatile).
30d: +82.4% (strong uptrend intact).
90d: +90.33% (bullish macro).
ATH: ~0.0172 (Oct 7, 2025; currently -54.7% down).
Key Levels: Support at 0.0040–0.0049 (recent lows); resistance at 0.0069 (24h high) and 0.00725 (your TP3, near prior ATH test).
Broader Context: $DOOD benefits from Doodles' ecosystem growth (e.g., DreamNet for AI-storytelling, partnerships like Adidas/Crocs). Solana's speed keeps fees low, but it's sensitive to NFT market sentiment and SOL price (currently stable). No major news catalysts today, but high volume indicates trader interest.
Your screenshot captures a +33% pump—likely intra-day volatility—but current pricing shows consolidation/pullback. The upward trend ("signs of turning") holds if it reclaims 0.0057.
Trade Setup Evaluation
Strengths:
Momentum Alignment: The 30d/90d gains support a bullish bias. Order book shows bid support, and the chart's green reversal matches your "upward turn" thesis.
Risk-Reward: At entry 0.005732:
TP1 R:R = 1:3.3 (10% reward vs. 30% risk—decent for scalps).
TP3 R:R = 1:0.93 (28% reward barely covers risk; scale out aggressively).
Volatility Play: Perps amplify moves; +33% daily swings are common in alts like this.
Risks:
Pullback Potential: Recent -8% 24h suggests profit-taking. If BTC dips (correlated ~0.6), $DOOD could test 0.0040 fast.
Wide SL: -30% is too loose for perps (leverage magnifies losses). Tighten to 0.0050 (-13%) for better R:R.
Overbought?: RSI (implied from chart) likely >70 post-pump; watch for divergence.
Market Risks: Low liquidity beyond top pairs (DOOD/USDT ~75% volume). Global crypto sentiment is neutral (e.g., regulatory noise).
Overall Viability: 7/10. Good for a short-term long if entered on dip to 0.0055, but wait for confirmation (e.g., close above 0.0060). Not a "set-it-and-forget-it" due to volatility.
Suggested Adjustments
Entry: 0.0055–0.0057 (buy the dip; use limit order).
TPs (scaled: 40% at TP1, 30% at TP2, 30% at TP3):
TP1: 0.00590 (+7%).
TP2: 0.00618 (+12%).
TP3: 0.00725 (+32%)—aligns with resistance; partial exit here.
SL: 0.00500 (-9% from adjusted entry; trail to breakeven after TP1).
Position Size: Risk 1-2% of capital (e.g., $100 risk on $10K account = ~$1K position at 5x leverage).
Exit Signals: Close if volume drops <5M or price breaks 0.0049. Monitor X/Twitter for Doodles updates (@doodles).
Quick Projected Outcomes Chart
To visualize potential paths from your entry (0.005732), here's a simple scenario plot based on historical volatility (±20% daily std dev).
This isn't financial advice—crypto is high-risk, and perps can lead to liquidation. DYOR, use stop-losses, and consider broader market (e.g., BTC >$90K supports alts). If you share more details (e.g., leverage, position size), I can refine this further! What's your entry plan?
