$DOOD Chart Analysis
๐ Daily Chart (1D)
Brutal downtrend from the 0.0073 high, but weโre now seeing early signs of a short-term base.
Support locked in at 0.0024179, price forming a mini accumulation zone.
MA7 (0.00268) recently crossed above the last candles โ a micro-bullish sign.
BUT... price is still rejected from MA25 (0.00304) โ the real wall to break.
๐ Momentum can only flip bullish if DOOD reclaims and holds above 0.00305+ on daily close.
โฑ 4Hr Chart โ Microstructure
Price forming a slow grind up from the same 0.0024179 support.
Successfully testing MA25 and MA7 crossover โ short-term momentum is building.
Rejected just under the MA99 (0.00292) โ and MA200 looms above at 0.00342.
๐ Until we flip 0.00292โ0.00300, this is still a relief bounce, not a confirmed reversal.
๐ฏ Key Levels to Watch:
๐ด Support: 0.00242 (must hold)
๐ Short-Term Resistance: 0.00292 (MA99), 0.00305 (MA25-D)
๐ Conclusion:
Short-term strength improving ๐
Still trapped under higher-timeframe resistance zones โ
Needs daily close above 0.00305 to attract fresh volume
Avoid chasing unless breakout is clean โ fakeouts are common near MA clusters.