$DOLO is currently trading at $0.1958, indicating a accumulation sentiment as traders await a clear direction. Immediate support is located near $0.1850, a key level that previously acted as a buying area, attracting buyers whenever the price dips below $0.19. Stronger support is observed at $0.1720, aligning with previous accumulation phases and a psychological threshold that bullish investors need to defend.
On the resistance side, the first challenge is around the $0.2080 level, where recent rallies have struggled to maintain momentum. A breakout above this level could pave the way for the next resistance at $0.2250, a level that previously triggered selling pressure and profit-taking. Sustained volume above this area could confirm optimistic sentiment and the potential for a trend reversal.
Overall, $DOLO is in a cautious phase, with buyers needing to defend the $0.1850 level and bullish investors aiming for a breakout above $0.2080 to regain upward momentum.