Yeah, that move was pure momentum domination 🔥
$DOLO absolutely squeezed the market.
What happened, in simple terms:
🚀 Vertical price expansion → no meaningful pullbacks
💥 Shorts stacked against strength → liquidation cascade
📈 Momentum + volume alignment → trend acceleration
❌ Any counter-trend short = instantly punished
This is classic short squeeze + breakout continuation behavior. Once key resistance broke, it turned into a one-way auction and price just kept searching higher until liquidity dried up.
For traders:
Momentum traders & breakout buyers ate well 💰
Late shorts learned an expensive lesson
Best move now is patience, not chasing green candles
After moves like this, DOLO will either:
Consolidate high (bullish continuation), or
Pull back to form a higher low before the next leg
Let the chart reset — opportunities always come after the euphoria, not during it.
If you want, I can break down what to watch next on DOLO (levels, scenarios, invalidation).
#Squar2earn