#DOLO #DolomiteCoin The price of the cryptocurrency Dolomite (DOLO), a native token of a DeFi protocol and DEX, shows a strongly bearish trend in the short and medium term, suggesting an entry opportunity for sales (short position).
The current price ($0.10 USD) is significantly below its historical maximum ($0.37 USD), implying a correction of more than 70%. In the last month, DOLO has lost nearly 60% of its value, with most technical indicators from trading platforms signaling a strong "Sell" signal in the daily and weekly charts.
In addition, the tokenomics of DOLO contemplates a high circulating supply (around 44%) with a maximum supply of 1 trillion tokens, and future inflation of 3% annually starting in year 4, which could increase selling pressure if demand does not accelerate. The monthly decline and supply dynamics support a pessimistic outlook in the short term, making technical rebounds ideal points to initiate bearish positions.
