$DOLO /USDT BEARISH TREND STILL PRESSURING PRICE ⬇️
DOLO has been in a consistent downtrend, sliding from $0.2513 to as low as $0.1871 before a mild recovery toward $0.2018. The price action shows weak bullish attempts being rejected quickly, indicating sellers remain dominant. Unless DOLO reclaims the $0.2120 resistance with strong volume, the downside risk persists.
Trade Setup:
Entry (Short): $0.2020 – $0.2050
Take Profit 1: $0.1950
Take Profit 2: $0.1880
Take Profit 3: $0.1800
Stop Loss: $0.2125
Market Outlook:
The market structure remains bearish with lower highs and lower lows. Temporary bounces are likely but may serve as shorting opportunities unless buyers regain strength above key resistance. Caution is advised for long positions.
#Crypto #DOLO #Bearish #Trading #Binance
buy and trade here on $DOLO