📉
$DOLO Update: The "Gap Fill" is Almost Complete! 🎯
The pullback we predicted is playing out with precision. After getting rejected from the 0.0754 high,
$DOLO has corrected significantly and is currently trading at 0.0613.
Here is what the 4-Hour Chart is telling us right now: 👇
1. The "Magnet" Effect 🧲
We warned about the massive gap between the price and the EMA 7 (Yellow Line). Look at the chart now: the price has dropped to meet the average.
Current Price: 0.0613
EMA 7 Support: 0.0597
This yellow line is the "First Line of Defense" for the bulls. We are inches away from a collision.
2. Indicators Cooling Down ❄️
RSI(6): Has dropped from 80+ down to 63.3, exiting the "danger zone."
MACD: The histogram bars are shrinking fast, confirming that bullish momentum is fading.
⚡ Fresh Trade Setup: The "Decision Zone"
We are entering a critical support area. Do not FOMO Short here—we are at support!
👀 The Watch Zone: 0.0595 - 0.0600
Scenario A (Bearish Breakdown): If a 4H candle closes solid below 0.0590, the trend flips bearish.
📉 Short Target: 0.0510 (The Pink Line / EMA 25).
Scenario B (The Bounce): If price touches 0.0597 and reacts with a long wick up, bulls are defending the trend.
📈 Bounce Target: 0.0680.
🧠 My Play: I am taking 50% profit on my Shorts here at 0.0613 to lock in gains. I will hold the rest to see if we break the Yellow Line at 0.0597.
Are you buying the dip at 0.060 or waiting for 0.050? Let me know! 👇
#DOLO #DOLOUSDT