After an aggressive rally from 0.04037 to 0.07160 🚀, $DOLO is now flashing clear exhaustion signals ⚠️, making a short-term correction highly probable. While the broader trend still leans bullish, the current price behavior shows momentum is fading, not expanding, a classic late-rally warning sign.
Price is compressing inside a rising wedge 📐, a well-known bearish reversal structure that typically forms after strong upside moves. Even though price is still printing higher highs, the tightening range exposes weakening buyer strength 😮💨, suggesting that bulls are running out of fuel and a pullback is becoming inevitable.
Momentum indicators are screaming caution 🚨. RSI(6) near 86 🔥 places DOLO deep in extreme overbought territory, where price often snaps back hard due to mean reversion. At the same time, MACD is flattening 📉, signaling that bullish momentum is losing acceleration and trend exhaustion is kicking in.
From a derivatives perspective, the -2% funding rate ⚠️ reflects market imbalance and heavy positioning, increasing the risk of a sharp downside move once price starts slipping. Add to that a nearly 77% vertical rally with no real retracement 📈, and a reset becomes not just likely, but necessary.
Bottom line 🧠: $DOLO is overextended, overheated, and emotionally crowded. A corrective pullback would cool indicators, flush weak hands, and rebuild a healthier structure for the next major move.
Entry : 0.0136 TP : 0.092 & 0.0036 SL : 0.01745 $TRUTH has been consolidating within falling wedge triangle and selling side has been holding strong on the top trendline resistance zone. Price is near reaching top trendline from where it will see immediate selling pressure.