$DOLO is the only chart on my screen tonight that doesnโt look like a crime scene ๐
+15% on the day, wicked all the way to 0.0285, and now itโs cooling off at 0.0239. And hereโs the thing โ unlike most of this market, the pullback is actually holding ABOVE the EMA99. RSI came down from overbought to the 40s, which honestly reads like a healthy reset, not a dump.
Still a DeFi name in a market that rotates fast, so no wedding rings. But the structure? cleaner than most.
My plan, take it or leave it:
if the 0.0231 โ 0.0239 zone holds on the 1h (thatโs the EMA stack):
โ in: 0.0235 โ 0.0240
โ stop: 0.0226, below that Iโm not married to the idea
โ out: 0.0265 first, 0.0285 if it goes god mode
if we get a 1h close above 0.0285? new range, targets 0.030 โ 0.031, stop moves to breakeven.
and if 0.0231 breaks on a close, the whole โuptrendโ story dies and Iโm back to watching from the beach.
Annotated the levels on the chart for you ๐ DOLO on your watchlist or just another DeFi headfake? ๐
#DOLO #Dolomite #defi