doloustd
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Market shows continued upward momentum with the higher low structure still intact. Buyers appear dominant after breaking out of the consolidation area.
Entry 📊 0.063
TP1 📍 0.068
TP2 📍 0.074
SL 📍0.059
Trend narrative:
As long as price remains above the entry zone, the bias stays bullish. Focus strategy on following the buyer momentum, strict risk management, and let profits run.
Use strict risk management. Not financial advice.
Follow @Dolomite
Token $DOLO
Tagar #Dolomite
#DOLOUSTD
Entry 📊 0.063
TP1 📍 0.068
TP2 📍 0.074
SL 📍0.059
Trend narrative:
As long as price remains above the entry zone, the bias stays bullish. Focus strategy on following the buyer momentum, strict risk management, and let profits run.
Use strict risk management. Not financial advice.
Follow @Dolomite
Token $DOLO
Tagar #Dolomite
#DOLOUSTD
DOLO Awakens: Rocket or Handbrake? 🚀📉
#DOLOUSTD #CriptoCreativa #RiesgoCalculado #AlzaONada
Attention, crypto-warriors! The DOLO chart is singing a melody of indecision after the rejection in the key zone. 🎶 The price, like a feline, is lurking at $0.09918. We saw an attempt to break upwards (previous ascending triangle pattern), but the resistance has sent it back to the arena. Selling pressure is still lurking! 🐻
Technical Analysis
The price was strongly rejected at the critical resistance zone of $0.108 - $0.110, a wall that the bulls failed to break down. 🧱 Currently, we are consolidating near the psychological support of $0.098, forming a structure that suggests a bearish continuation if this level gives way. It is the zone where the bears are sharpening their claws. 📉
News/Updates
The recent volatility in the DeFi sector and rumors about a possible regulatory adjustment on the horizon are injecting caution into the market, keeping the 'whales' alert and ready for sharp movements. 🐳
Trading Plan
Strategy: SHORT 🐻
Entry: $0.09918
Stop Loss (SL): Placed at the last recent high. $0.103
Targets (TP):
TP1 (1:2 R:R): $0.09078 (Risk of $0.00382, Reward of $0.00764)
TP2 (1:3 R:R): $0.08696 (Risk of $0.00382, Reward of $0.01146)
Conclusion
In light of the strong rejection and the current consolidation, the tide seems to lean towards a well-defined bearish opportunity below the level of $0.099. 🌊#Dolomite @Dolomite $DOLO
#DOLOUSTD #CriptoCreativa #RiesgoCalculado #AlzaONada
Attention, crypto-warriors! The DOLO chart is singing a melody of indecision after the rejection in the key zone. 🎶 The price, like a feline, is lurking at $0.09918. We saw an attempt to break upwards (previous ascending triangle pattern), but the resistance has sent it back to the arena. Selling pressure is still lurking! 🐻
Technical Analysis
The price was strongly rejected at the critical resistance zone of $0.108 - $0.110, a wall that the bulls failed to break down. 🧱 Currently, we are consolidating near the psychological support of $0.098, forming a structure that suggests a bearish continuation if this level gives way. It is the zone where the bears are sharpening their claws. 📉
News/Updates
The recent volatility in the DeFi sector and rumors about a possible regulatory adjustment on the horizon are injecting caution into the market, keeping the 'whales' alert and ready for sharp movements. 🐳
Trading Plan
Strategy: SHORT 🐻
Entry: $0.09918
Stop Loss (SL): Placed at the last recent high. $0.103
Targets (TP):
TP1 (1:2 R:R): $0.09078 (Risk of $0.00382, Reward of $0.00764)
TP2 (1:3 R:R): $0.08696 (Risk of $0.00382, Reward of $0.01146)
Conclusion
In light of the strong rejection and the current consolidation, the tide seems to lean towards a well-defined bearish opportunity below the level of $0.099. 🌊#Dolomite @Dolomite $DOLO
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