📉
$DOLO Tactical Short Opportunity!
Dolomite (
$DOLO ) is showing signs of local exhaustion. After a period of intense volatility, the price is currently struggling to maintain its bullish structure on the 4H timeframe, with moving averages beginning to slope downward. This setup targets a deeper correction toward historical liquidity zones.
📊 Trade Setup: DOLOUSDT (Short)
Level Type Target Price
DCA Entry Zone 0.0705 – 0.0720
Stop Loss (SL) 0.0740
Take Profit 1 (TP1) 0.0658
Take Profit 2 (TP2) 0.0600
Take Profit 3 (TP3) 0.0550
Why
$DOLO is Under Pressure
While Dolomite remains a powerhouse in the Berachain lending ecosystem, the technicals are currently flashing bearish MACD signals. With the broader altcoin market seeing capital rotation into AI and RWA sectors, mid-cap DeFi tokens like
$DOLO are facing short-term liquidity drains.
Execution Tip: This is a high-reward setup for patient traders. Use the DCA zone to build your position and respect the tight stop-loss to protect against any unexpected "short squeeze" volatility.
Nabiha Noor ✍️
✨ Liked this strategy? Like and Follow for more high-conviction short and long signals!
#DOLO #Dolomite #CryptoTrading #ShortSignal #BinanceSquare
#DeFi