Is $DODO’s push to $0.0262 real strength, or just an RSI 88 trap?
I’m leaning trap short term. The 4h move is already +13%, volume is 1.5x its 20-day average, and price is sitting above both the 20d and 50d MAs. Bullish stack, no doubt.
But $DODO is 12% below its 30d high, and that kind of vertical candle needs fresh buyers fast. $2.64M volume is decent, not overwhelming. 📈
At $0.03, I’d be taking risk off, not chasing. $SOL can stay strong while smaller names get flushed. Clean chart, overheated momentum. 🔥
#DODO #Crypto #CryptoNews
I’m leaning trap short term. The 4h move is already +13%, volume is 1.5x its 20-day average, and price is sitting above both the 20d and 50d MAs. Bullish stack, no doubt.
But $DODO is 12% below its 30d high, and that kind of vertical candle needs fresh buyers fast. $2.64M volume is decent, not overwhelming. 📈
At $0.03, I’d be taking risk off, not chasing. $SOL can stay strong while smaller names get flushed. Clean chart, overheated momentum. 🔥
#DODO #Crypto #CryptoNews