DODOX/USDT – Bulls Are Back, But Can They Push Higher?
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BUY SET-UP.
DODOX has made a strong move, currently trading around $0.0269, up roughly 16.5% in 24 hours.
Looking at the 4H chart, price broke out of its previous $0.023 consolidation zone and pushed close to $0.030 before facing some selling pressure. It's now pulling back, which could offer another entry opportunity if buyers defend the breakout.
The daily chart is also showing improving momentum, but the weekly chart still has major resistance overhead. I wouldn't chase the current green candles.
My Trading Signal: LONG
- Entry: $0.0258 – $0.0265
- TP1: $0.0295
- TP2: $0.0310
- TP3: $0.0325
- Stop Loss: $0.0242
Why Long? The breakout above $0.023 is a positive sign, and I'm watching whether the previous resistance turns into support. A sustained move above $0.030 could open the door for another push higher.
If price loses $0.0250, I'll reconsider this setup.
Not financial advice. Manage your risk.
$DODOX
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise
.
BUY SET-UP.
DODOX has made a strong move, currently trading around $0.0269, up roughly 16.5% in 24 hours.
Looking at the 4H chart, price broke out of its previous $0.023 consolidation zone and pushed close to $0.030 before facing some selling pressure. It's now pulling back, which could offer another entry opportunity if buyers defend the breakout.
The daily chart is also showing improving momentum, but the weekly chart still has major resistance overhead. I wouldn't chase the current green candles.
My Trading Signal: LONG
- Entry: $0.0258 – $0.0265
- TP1: $0.0295
- TP2: $0.0310
- TP3: $0.0325
- Stop Loss: $0.0242
Why Long? The breakout above $0.023 is a positive sign, and I'm watching whether the previous resistance turns into support. A sustained move above $0.030 could open the door for another push higher.
If price loses $0.0250, I'll reconsider this setup.
Not financial advice. Manage your risk.
$DODOX
#Anthropic’s6xIPODemandSignalsPotentialRecordRaise
