$DOLO /USDT Trade Setup

Market Insight:

$DOLO has exploded +40.88% in 24h with strong volume (542M DOLO). Price pierced above the upper Bollinger Band ($0.0741) and hit a new high at $0.0805, suggesting a short-term overbought condition but strong momentum.

Entry:

✅ Buy zone: $0.060–$0.065 (wait for a retracement closer to the Bollinger middle band or breakout retest)

Targets:

🎯 Target 1: $0.0740 (Bollinger Band top / previous breakout zone)

🎯 Target 2: $0.0805 (recent high / psychological barrier)

🎯 Target 3: $0.0880 (extension if momentum continues)

Stop Loss:

🛑 $0.0525 (below recent support + near Bollinger midline)

Key Levels:

Support: $0.0580, $0.0525

Resistance: $0.0740, $0.0805

Pivot Zone: $0.0619 (current mark price and key re-entry area)

Pro Tip:

Volume surged with price, but if DOLO consolidates above $0.065 and holds above the MB: $0.058, it's a bullish sign for continuation. Watch closely for a bull flag or cup-and-handle setup to re-enter or add.

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