#CryptoTrading.

📊Technical Analysis (1 hour) $DOLO /USDT

1. Price and Trend:

• Current Price: 0.251339 USD (+5.79% for the period).

• The chart shows a recent price increase with support at ~0.225488 (MA(5)) and resistance near 0.307804 (upper Bollinger Band).

• There are signs of a correction after a sharp surge in volume, which may indicate a possible weakening of momentum.

2. Volume:

• A significant increase in volume (49.89 million) accompanied the recent price move up, confirming the strength of the trend.

• After the peak in volume, a decline is observed, which may signal a wait-and-see or a breakdown.

3. Moving Averages (MA):

• MA(5): 110.385540.2 (support).

• MA(10): 88.330054.7999 (below price, indicating a bullish trend).

4. Bollinger Bands:

• Price is approaching the upper limit (0.307804), which may indicate overbought conditions.

• The middle line (MB: 0.262917) serves as a dynamic support/resistance level.

5. MACD:

• DIF (0.005834) and DEA (0.007649) are diverging, but MACD (-0.001816) is close to zero, indicating a possible change in momentum. A correction signal is possible if the MACD crosses the signal line downwards.

6. Stochastic RSI:

• The values ​​38.089975 and 54.313107 indicate a neutral zone, but approaching 80 may signal overbought conditions in the near future.

⚠️Conclusion:

• The short-term trend is bullish, but there are signs of a possible reversal due to overbought conditions and declining volume.

• It is recommended to monitor the support level of 0.225488 and the resistance level of 0.307804. If the price breaks the resistance with volume, the trend may continue; if it falls below the support, a correction is possible.