$DOLO /USDT Short Term Update 📊
DOLO is trading near 0.03745 after a strong intraday push. Price is making higher highs on lower time frames and holding above short term moving averages. Momentum is bullish, but price is now close to a minor resistance zone near 0.0388 which was the recent 24h high.
🔹 Short Setup
Entry: 0.0378 to 0.0388
SL: 0.0405
TP1: 0.0365
TP2: 0.0352
TP3: 0.0338
Price is extended after a sharp move up and approaching resistance. If rejection comes from the 0.0385 to 0.0390 zone with weak volume, a pullback toward lower support levels is likely.
Invalidation: Strong breakout and 15m close above 0.0405 with volume.
Risk: Manage position size properly, avoid over leverage in short term volatility.
Trade $DOLO here 👇
DOLO is trading near 0.03745 after a strong intraday push. Price is making higher highs on lower time frames and holding above short term moving averages. Momentum is bullish, but price is now close to a minor resistance zone near 0.0388 which was the recent 24h high.
🔹 Short Setup
Entry: 0.0378 to 0.0388
SL: 0.0405
TP1: 0.0365
TP2: 0.0352
TP3: 0.0338
Price is extended after a sharp move up and approaching resistance. If rejection comes from the 0.0385 to 0.0390 zone with weak volume, a pullback toward lower support levels is likely.
Invalidation: Strong breakout and 15m close above 0.0405 with volume.
Risk: Manage position size properly, avoid over leverage in short term volatility.
Trade $DOLO here 👇