IS MOVING โ BUT CAN BULLS BREAK THE KEY RESISTANCE? ๐๐ฅ
Dolomite ($dolo is showing strong short-term momentum today, with price around $0.0241 and a double-digit 24H move.
But after this sharp move, the BIG question is:
๐ Can $DOLO reclaim $0.0250โ$0.0260 and continue higher, or will sellers take profit?
๐ CURRENT MARKET SNAPSHOT
๐ฐ Price: ~$0.0241 ๐ 24H Move: ~+13.8% ๐บ 24H High: ~$0.0264 ๐ป 24H Low: ~$0.0203 ๐ฅ 24H Volume: ~$14M+ on Binance
๐ฏ KEY LEVELS
๐ข Support: $0.0230โ$0.0235 โก Pivot/Decision Zone: $0.0245โ$0.0250 ๐ด Major Resistance: $0.0255โ$0.0265
๐ BULLISH SCENARIO
If $DOLO breaks above $0.0265 with strong volume and successfully retests the breakout:
๐ฏ TP1: $0.0280 ๐ฏ TP2: $0.0300 ๐ฏ TP3: $0.0330
A clean breakout + retest would be much stronger than simply chasing the current green candle.
โ ๏ธ BEARISH SCENARIO
If DOLO gets rejected around $0.0255โ$0.0265 and loses $0.0230 support, the current momentum could cool down and price may revisit lower levels.
๐ Invalidation: Below ~$0.0220
๐ก MY STRATEGY
โ Don't FOMO after a big green move.
โ Conservative setup: Wait for a pullback and see whether $0.0230โ$0.0235 holds.
โ Breakout setup: Wait for a confirmed close above $0.0265 + strong volume.
โ ๏ธ IMPORTANT: DOLO has a scheduled token unlock on August 24 of around 14.25M tokens (~1.4% of total supply). This doesn't guarantee selling pressure, but it's something traders should keep in mind.
๐ฅ MY BIAS: SHORT-TERM BULLISH ABOVE $0.0230
But confirmation is everything.
๐ YOUR TURN:
Where do you think $DOLO goes next?
๐ $0.030+ ๐ฏ $0.033+ ๐ป Or $0.0230 retest first?
COMMENT YOUR TARGET ๐
#DOLO #Dolomite #Crypto #BinanceSquare #altcoins
Dolomite ($dolo is showing strong short-term momentum today, with price around $0.0241 and a double-digit 24H move.
But after this sharp move, the BIG question is:
๐ Can $DOLO reclaim $0.0250โ$0.0260 and continue higher, or will sellers take profit?
๐ CURRENT MARKET SNAPSHOT
๐ฐ Price: ~$0.0241 ๐ 24H Move: ~+13.8% ๐บ 24H High: ~$0.0264 ๐ป 24H Low: ~$0.0203 ๐ฅ 24H Volume: ~$14M+ on Binance
๐ฏ KEY LEVELS
๐ข Support: $0.0230โ$0.0235 โก Pivot/Decision Zone: $0.0245โ$0.0250 ๐ด Major Resistance: $0.0255โ$0.0265
๐ BULLISH SCENARIO
If $DOLO breaks above $0.0265 with strong volume and successfully retests the breakout:
๐ฏ TP1: $0.0280 ๐ฏ TP2: $0.0300 ๐ฏ TP3: $0.0330
A clean breakout + retest would be much stronger than simply chasing the current green candle.
โ ๏ธ BEARISH SCENARIO
If DOLO gets rejected around $0.0255โ$0.0265 and loses $0.0230 support, the current momentum could cool down and price may revisit lower levels.
๐ Invalidation: Below ~$0.0220
๐ก MY STRATEGY
โ Don't FOMO after a big green move.
โ Conservative setup: Wait for a pullback and see whether $0.0230โ$0.0235 holds.
โ Breakout setup: Wait for a confirmed close above $0.0265 + strong volume.
โ ๏ธ IMPORTANT: DOLO has a scheduled token unlock on August 24 of around 14.25M tokens (~1.4% of total supply). This doesn't guarantee selling pressure, but it's something traders should keep in mind.
๐ฅ MY BIAS: SHORT-TERM BULLISH ABOVE $0.0230
But confirmation is everything.
๐ YOUR TURN:
Where do you think $DOLO goes next?
๐ $0.030+ ๐ฏ $0.033+ ๐ป Or $0.0230 retest first?
COMMENT YOUR TARGET ๐
#DOLO #Dolomite #Crypto #BinanceSquare #altcoins