$DOLO

$DOLO Chart Analysis

Current Price: 0.2126 USDT

24h High: 0.2970

24h Low: 0.1871

24h Change: +6.30%

24h Volume: 225.51M (DOLO), 53.36M (USDT)

Candlestick: A big wick is visible (went up to 0.2970, dropped down to 0.1871). This shows high volatility.

📌 What it means:

High Volatility: Price shot up sharply and then dropped quickly – short-term is risky.

Support Zone: Around 0.1870, support is forming. If the price breaks below this, it may fall further.

Resistance Zone: Around 0.2970, strong resistance. To move higher, it must break this level.

Trend: Currently in the middle range (0.21). If it holds above 0.23, a bullish move is possible. If not, it may slip back to test 0.19.

✅ Trading Strategy (Short-term)

Buy Zone (near support): 0.19 – 0.20

Target (towards resistance): 0.25 – 0.29

Stop Loss: Exit if it closes below 0.185