$DOOD is attempting a structural recovery.
Price is currently trading at 0.006761, rebounding from the 0.006576 intraday low. This move followed a sequence of lower lows and was the first clear sign of demand stepping in after sustained selling pressure. The bounce is technically meaningful, as it occurred near prior liquidity and short term support.
The 24h high stands at 0.007057, establishing the nearest upside reference. From a market structure perspective, price is now testing the mid range between the recent low and high. Acceptance above 0.00680 would indicate buyers regaining control and could lead to a retest of 0.00690–0.00705.
Volume confirms participation rather than a thin reaction. 1.30B DOOD traded in the last 24 hours, equivalent to 8.81M USDT, which supports the validity of the move.
Key support remains 0.00665–0.00670. A sustained hold above this zone keeps the bullish recovery scenario intact. Failure to hold would likely result in consolidation or a revisit of the 0.00655–0.00657 demand area.
Momentum is improving, but confirmation depends on follow through. The next few candles will determine whether this move evolves into continuation or remains a corrective bounce.
