$DOLO Today's Pro Futures Trading Plan for $DOLOUSDT Based on 5m, 15m & 1H Chart.
• Trade Direction: Long
• Justification: Price is consolidating above the 20 MA (0.049060–0.049380) with a slight bullish bias (+0.75% last price). Higher lows and retests of the 24h range (0.045590–0.050463) suggest accumulation.
• Entry Zone: 0.049220–0.049530
• Confluence of 20 MA support and pullback from the 24h high. A break above 0.049857 confirms bullish momentum.
• Stop-Loss: Below 0.048877
• Invalidation of the higher low structure and 20 MA support.
• Risk/Reward Ratio: 1:3
• Stop distance: ~0.00065. Target 1 distance: ~0.0015.
• Profit Targets:
• Target 1: 0.050463 (24h high, partial exit).
• Target 2: 0.051489 (next resistance from MA(200) in second image).
• Target 3: 0.052857 (extended swing high).
• Exit Strategy: Trail stop to breakeven after Target 1. Close 50% at Target 2, let remainder run with a trailing stop.
• Strategy Explanation:
• Structure: Higher lows in a bullish consolidation.
• Confirmation: Rising volume (5.2M vs. MA(20) 8.5M) supports upside potential.
• Alignment: Short-term MAs (20) acting as dynamic support.
• Volume/Order Flow:
• 24h volume is elevated (237M DOLO), indicating interest. Watch for increasing bids near entry.
• Leverage Note: Moderate (5x–10x) due to volatility near range extremes.
• Market Sentiment: Neutral-bullish. Higher timeframe MAs (200) are flat, but short-term momentum favors buyers.
• Invalidation/Caution: Close below 0.048523 (swing low) invalidates the setup.
• Alternative Scenario:
• If rejected at 0.049857, consider shorting with SL above 0.050463, targeting 0.048877.
Risk Disclosure: Always size positions appropriately. This plan is based on technicals; monitor real-time price action for confirmation.