$DODO Token Absorbs the Shock and Quietly Builds Its Next Move
DODO delivered a sharp statement move early, launching from the 0.017 area and tagging 0.0231 in a fast volatility expansion. That spike was aggressive and emotional, but what followed is where the real story begins. Instead of collapsing back to the origin, price cooled off and settled into a tight range just above the Bollinger mid-band near 0.0193. This is absorption, not weakness.
The rejection from the highs flushed short-term momentum traders, yet selling pressure quickly thinned out. Candles became smaller, wicks shortened, and price started respecting higher lows. That tells us supply is being absorbed rather than dumped. Volume confirms this shift — heavy activity during the impulse, then controlled and declining volume during consolidation, a textbook pause after expansion.
Now trading around 0.0195, DODO is sitting in a decision zone. Holding above 0.019 keeps the structure constructive and opens the door for a slow grind back toward 0.0205 and potentially another test of the highs if.
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