$DODO /USDT BEARISH SHORT-TERM SETUP – WEAK REJECTION FROM LOCAL HIGH!
$DODO hit a peak of $0.0445 but failed to maintain upward momentum, printing a lower high followed by bearish candles. Price has now retraced and is showing signs of downward pressure just above the $0.0436 zone. This could indicate a short-term correction is underway.
Trade Setup (SHORT):
Entry: $0.0438 – $0.0443
Target 1: $0.0430
Target 2: $0.0422
Stop Loss: $0.0447
Why Short?
Multiple rejection wicks above $0.0442 signal buyer exhaustion. With a weakening structure and no follow-through above the local resistance, a short pullback is likely. Watch for a breakdown below $0.0435 to confirm the move.
Risk Management Tip:
Keep your SL tight — this is a scalping window. If price reverses with strong green volume, exit quickly and reassess.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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