$DODO isn’t “overbought,” it’s in price discovery mood and most people are too early to fade it. 🚀
0.0291 now, +60.34% on the day, and the 4h chart just slapped +55.3% while volume hit $8.02M. That’s not random.
RSI 89? Sure. Still not a sell by itself. Price is above the 20d and 50d MAs, volume is 3.1x the 20d avg, and it’s already 91% up its 30d range, sitting just 4% off the high.
Fades are getting smoked. 🐂
Holding or fading this?
#DODO
#Crypto
0.0291 now, +60.34% on the day, and the 4h chart just slapped +55.3% while volume hit $8.02M. That’s not random.
RSI 89? Sure. Still not a sell by itself. Price is above the 20d and 50d MAs, volume is 3.1x the 20d avg, and it’s already 91% up its 30d range, sitting just 4% off the high.
Fades are getting smoked. 🐂
Holding or fading this?
#DODO
#Crypto