Everyone is waiting for a breakout—I’m watching $DODOX /USDT running straight into heavy distribution at its local peak, triggering a high-probability short reversal setup.

SHORT (Local Exhaustion Play)

Trade Plan:
Entry Zone: 0.019923 – 0.020500
SL: 0.021300
TP1: 0.018890
TP2: 0.017705
TP3: 0.016517
TP4: 0.015599

Why this setup?
According to the 4h chart, $DODOX put up a massive rally, currently sitting up +12.52% on the day. However, the latest 4h candle shows a steep rejection wick after aggressively piercing the 24h high at 0.021000. This massive overhead wick signals heavy supply taking over the market. With the price extended significantly above the 4h MA7 (0.018890) and MA25 (0.017766), a mean-reversion move is highly likely. The path of least resistance points back down to flush out late leverage buyers and test the immediate dynamic MA7 support line.

Debate:
What do you think? Will DODOX completely invalidate this massive upper wick and smash past 0.02100 again, or is it ready to slide down for a heavy retest of the MA7 line at 0.01889? Let me know your bias!#YenHitsFourDecadeLowVsDollar $DODOX