$DODO – BEARISH REVERSAL ALERT!
$DODO has rallied sharply from 0.0436 to a recent peak at 0.0476 but is now showing signs of exhaustion. The latest candles reveal reduced bullish momentum and rejection near the highs, suggesting potential profit-taking. A breakdown below 0.0470 could trigger a pullback towards 0.0460–0.0452, with 0.0476 acting as a strong short-term resistance.
Short Entry: 0.0470 – 0.0468
Targets: TP1 0.0460 | TP2 0.0452
Stop Loss: 0.0476
If price fails to reclaim 0.0476 quickly, selling pressure could increase, signaling a possible trend shift in the short term.
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