🔴 $DODO REJECTED AT RESISTANCE — SHORT-TERM CORRECTION LIKELY! 📉
Entry: 0.0237 - 0.0242 ⚡
Target 1: 0.0228 🎯
Target 2: 0.0216 🎯
Target 3: 0.0204 🎯
Stop Loss: 0.0255 ⚠️
The aggressive rally into this resistance zone has hit a wall of sell-side absorption. 📊 Price is now printing a clear rejection wick, with lower-timeframe structure flipping bearish as sellers defend the 0.0242 level.
📌 As long as price stays below the rejection area, the path of least resistance favors a retrace into the support shelf at 0.0228 and potentially deeper into 0.0204. This isn't a trend reversal call — it's a tactical short on overextension. 💡 Keep an eye on volume confirmation; a dip below 0.0237 would accelerate the move.
💬 Are you playing this correction or waiting for a reclaim above resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #DODO #ShortSetup #Correction #Crypto #Trading
🐻 🎯
Entry: 0.0237 - 0.0242 ⚡
Target 1: 0.0228 🎯
Target 2: 0.0216 🎯
Target 3: 0.0204 🎯
Stop Loss: 0.0255 ⚠️
The aggressive rally into this resistance zone has hit a wall of sell-side absorption. 📊 Price is now printing a clear rejection wick, with lower-timeframe structure flipping bearish as sellers defend the 0.0242 level.
📌 As long as price stays below the rejection area, the path of least resistance favors a retrace into the support shelf at 0.0228 and potentially deeper into 0.0204. This isn't a trend reversal call — it's a tactical short on overextension. 💡 Keep an eye on volume confirmation; a dip below 0.0237 would accelerate the move.
💬 Are you playing this correction or waiting for a reclaim above resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #DODO #ShortSetup #Correction #Crypto #Trading
🐻 🎯