Mastering Crypto
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$DOLO Token: Crucial Support, Resistance & Next Move
Current Price: $0.1937
24h Range: $0.1900 – $0.2126
RSI (6): ~21 → Deeply oversold, signaling seller exhaustion.
MACD: Bearish, but histogram is flattening → selling pressure may be easing.
🔑 Key Support Levels
$0.1870 – $0.1900: Immediate and very crucial support. If this breaks, DOLO could slide toward $0.1750.
$0.1700: Next major downside support, a zone where buyers may strongly defend.
🔑 Key Resistance Levels
$0.2180 – $0.2200: First resistance to clear.
$0.2590: Strong resistance from the 25 MA, a breakout here signals trend reversal.
$0.2990: Major resistance zone; reclaiming it opens path back to $0.35.
📊 Next Move Outlook
If DOLO holds above $0.1870, we could see a short-term relief rally toward $0.22–$0.26.
If support breaks, a dip to $0.1750 is likely before any bounce attempt.
Oversold RSI suggests a bounce is due, but confirmation only comes once bulls reclaim $0.22+.
👉 In short: DOLO is at make-or-break support. Holding $0.1870 keeps the chance of a recovery alive, but failure could extend the correction further.
#Dolomite @Dolomite_io
Current Price: $0.1937
24h Range: $0.1900 – $0.2126
RSI (6): ~21 → Deeply oversold, signaling seller exhaustion.
MACD: Bearish, but histogram is flattening → selling pressure may be easing.
🔑 Key Support Levels
$0.1870 – $0.1900: Immediate and very crucial support. If this breaks, DOLO could slide toward $0.1750.
$0.1700: Next major downside support, a zone where buyers may strongly defend.
🔑 Key Resistance Levels
$0.2180 – $0.2200: First resistance to clear.
$0.2590: Strong resistance from the 25 MA, a breakout here signals trend reversal.
$0.2990: Major resistance zone; reclaiming it opens path back to $0.35.
📊 Next Move Outlook
If DOLO holds above $0.1870, we could see a short-term relief rally toward $0.22–$0.26.
If support breaks, a dip to $0.1750 is likely before any bounce attempt.
Oversold RSI suggests a bounce is due, but confirmation only comes once bulls reclaim $0.22+.
👉 In short: DOLO is at make-or-break support. Holding $0.1870 keeps the chance of a recovery alive, but failure could extend the correction further.
#Dolomite @Dolomite_io
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