$DOOD boom 💥 DOOD going to big bull 🐂
Trend: Uptrend but now consolidating below recent high
🧠 Technical Observations:
Strong breakout move already happened from ~$0.0033 to $0.0052.
Price is now forming a lower high and hovering near the MA(7) and MA(25) on 15m.
This is a cooling phase, possibly a bull flag or beginning of a pullback.
Volume is declining, which could mean either consolidation or loss of momentum.
🎯 Suggested Trade Idea:
✅ Scenario 1: Wait for Pullback & Go Long (Lower Risk Long) $DOOD
Entry: $0.00465 – $0.00470 (support near 15m MA(25))
Stop-loss: $0.00455 (below the support zone and 15m moving averages)
Target 1: $0.0050
Target 2: $0.00524 (previous high)
> 🔄 If price bounces from this level with strong volume, it's a good re-entry for another push toward the high.$DOOD
❌ Scenario 2: Short on Weakness (Only If Breakdown Begins)
Entry: $0.00480 – $0.00485 (if it starts losing momentum at lower highs)
Stop-loss: $0.00490
Target 1: $0.00465
Target 2: $0.00445 (stronger support near 1h MA(25))
> ⚠️ Only short if price fails to break above $0.00490 with volume declining.
✅ Final Recommendation:
Wait for confirmation. Since volume is dropping and price is consolidating, a pullback long is your safest play if price holds above $0.00465. If price breaks down below that level with strong red volume, you can short for a small move down.
