$DOLO
🚨 QUICK ANALYSIS FOR 'DOLOUSDT' FUTURES 🚨
⌛ 1m, 15m, 4h ⌛
📈 Trend Direction (Futures): Bearish on 4h and 15m, with strong downward momentum confirmed by EMA cross and SuperTrend. 1m shows short-term bounce but remains within broader downtrend. Multi-timeframe alignment confirms bearish bias.
💰 Entry Price: 0.17020 - 0.17030 range for short entry, aligned with recent resistance rejection and confluence of MA(7) and BB upper band.
🎯 Targets: (Adjusted for 3:1 Risk-Reward):
🌟 TP1 ➤ 0.16850 — first support level from recent swing low
🌟 TP2 ➤ 0.16700 — mid-level target near key liquidity pool and 50% fib retracement
🌟 TP3 ➤ 0.16500 — final target at major support zone and previous order block
🛑 Stop Loss🫸: 0.17150 — placed above recent high to avoid false breakout, ~1% risk from entry, under 2% threshold
📢 LEVERAGE X5-X10 🔥
🪩 Order Book: Strong sell-side pressure visible at 0.17020–0.17030. Bid depth weak below 0.16900, indicating potential liquidity gap. Ask wall forms around 0.17050–0.17070, confirming resistance.
✨ Fibonacci Levels:
☄️ 0.16850 — 38.2% retracement acting as initial support
☄️ 0.16700 — 50% fib zone aligning with volume cluster
☄️ 0.16500 — 61.8% extension level matching prior swing low
☄️ Confluence at 0.16500 with fair value gap and order block
💧 Liquidity: Major buy stops likely clustered near 0.16600–0.16700. Sell stops concentrated above 0.17050. Watch for stop hunts in these zones.
🗞️ News Sentiment: Dolo has seen sharp sell-off amid market-wide crypto correction. No new project developments; sentiment driven by macro fear and liquidations.
📝 NOTE: Price rejected at 0.17030 with strong volume spike and CCI divergence — classic bearish reversal signal. Structure confirms breakdown below key support, with momentum accelerating downward.