Quick summary

$DOLO is in the recovery phase after a strong increase (listing + airdrop) followed by a pullback; currently, the price is accumulating around the 0.23–0.25 range with buying pressure not too strong yet, but the short-term trend slightly leans bullish as the price maintains above MA7. Recent fundamental information (listing + airdrop, tokenomics) is a significant liquidity driver.

Technical analysis

Current price: ~0.2405 USDT.

Short MA (7): ~0.2391 (currently near the price); Medium MA (25): ~0.2219 — structure: price is above both MAs, indicating neutral support → slight bull.

RSI (1H frame, on chart): ~58 — moderate upward trend, not in the overbought zone. (observed from the chart).

Near support: 0.205–0.210 (protection zone) → Suggested SL 0.198 USDT.

Resistance: 0.254 (immediate resistance), 0.278 (medium resistance), 0.297–0.302 (most recent peak).

Market structure & volume

There was a very large volume at the time of listing/airdrop, then volume normalized; currently, the volume is smaller compared to the initial spike — indicating that the main momentum comes from the listing/airdrop event rather than stable cash flow. Tokenomics shows a total supply of ~1B and circulating ~265M; large listings on exchanges have temporarily pushed liquidity up high.

Trading strategy

Entry (scale-in): 0.235 — 0.245 USDT (split 2-3 times).

Stop-loss: 0.198 USDT (a fixed level, below the support zone of 0.205).

Take-profit: TP1 0.254 (gradually take profits at nearby resistance) — TP2 0.278 (take additional profits) — Expansion plan: final TP 0.297 if there is a strong breakout with high volume.

Order management: take partial profits at TP1, move SL to breakeven when reaching ~50% of TP1 target; if the price exceeds 0.254 with increasing volume, may hold the remaining part to test 0.278–0.297. If momentum is weak, prioritize taking profits gradually right at 0.254. (Note: TP2/final TP depends on volume/cash flow — if there is no volume, choose short-term profits).

Overall assessment

Bull scenario: if the price stays above MA25 (~0.222) and breaks 0.254 with increased volume, the possibility of testing 0.278–0.30 is there.

Bear scenario: losing the 0.205 range increases risk, may test the bottom area of 0.187 (recent low). The main risk is volatility after airdrop/liquidity-driven moves — need to closely monitor volume.