$DODO / USDT – BULLISH MOMENTUM BUILDING! 🚀
$DODO is displaying positive price action on the 4H chart, currently trading at $0.0534 with a gain of 6.37% today. After a recent consolidation, DODO is showing signs of renewed buying interest.
📈 LONG TRADE SETUP
• Current Price: $0.0534
• 24h High: $0.0545 – This is a key resistance level to watch for a breakout.
• Potential Upside Targets:
• First Target: $0.0540 - $0.0550 (retesting the 24h high and potentially moving higher)
• Second Target: $0.0560 - $0.0570 (aiming for earlier highs)
• Extended Target: $0.0580+ (if bullish momentum sustains)
• Stop-Loss Consideration: Below recent support, around $0.0510 - $0.0500.
DODO has shown a positive 7-day performance of 3.08% and a 30-day gain of 2.49%, indicating some underlying strength despite longer-term declines. Its classification as "DeFi" also highlights its role in decentralized finance. A decisive break and sustain above the 24-hour high of $0.0545 would confirm a stronger uptrend.
