🚀 DOLO: The impulse of strength - continuation of growth or pause?
DOLO/USDT on the 1H timeframe demonstrates a powerful bullish impulse. The price soared to 0.04078 USDT, showing a growth of +22.76% over the day. The market is clearly under the control of buyers, however, overheated indicators warn: a correction is possible before the next wave of growth.
📊 Briefly on the indicators:
EMA (21/50/99): 0.03647 / 0.03491 / 0.03448 — confident bullish positioning
RSI(6): 89.37, RSI(14): 80.09 — overbought zone
Stochastic: 100 — the market is overheated
MACD: positive histogram, volatility is increasing
➡️ The trend remains upward, but entry "from the market" carries increased risk.
🎯 Trading plan (main scenario — LONG)
Targets:
0.04116 (+1%)
0.04200 (+5.9%)
0.04350 (+6.7%)
➡️ Entry points:
🟢 Conservatively: pullback to 0.03800
🔥 Aggressively: zone 0.04000 while maintaining the impulse
Stop-loss: 0.03700
🧠 Conclusion
DOLO looks strong, but the market is overbought. The best solution is to wait for a correction and enter with the trend, rather than chasing the price. Risk management is the key to stable profits.
Spot trading 👉$DOLO
Futures 👇
