⚠️ $DOLO (Dolomite) is in Freefall ⚠️
Here’s the current snapshot from your order book feed:
💰 Price (USDT): $0.2126
📉 24h Change: -35.58%
📊 24h High / Low: $0.3354 / $0.2121
🔄 Volume (24h): 174M DOLO ($48.9M USDT)
🏷️ Tags: DeFi | Seed | New
📌 Key Observations:
Heavy sell pressure: Sell side of the book outweighs buys (≈54.5% sellers vs 45.5% buyers).
Price is sitting at its 24h low ($0.2121) → meaning DOLO is testing strong support.
Volatility is extreme: it dropped over a third of its value in one day.
Still high trading activity → whales or bots may be driving sharp swings.
⚡ Possible Scenarios:
Support Bounce: If $0.2121 holds, we could see a quick rebound (scalp traders’ zone).
Breakdown Risk: If $0.2121 breaks, next supports likely around $0.2000 – $0.1950.
Dead Cat Bounce Alert: Any short recovery might be brief unless buy volume spikes hard.
💡 Trading Tips (not financial advice):
If you’re holding, watch $0.2120 closely — losing it could trigger deeper sell-offs.
If you’re looking to buy, scaling in small tranches near support could reduce risk.
Always use stop-losses, especially on Seed-tag tokens (super volatile).