Technical View: Price has made a sharp upward move with a significant volume spike. Entering a short position immediately is risky because bullish momentum remains strong.
Entry Confirmation:
1. Price rejects the 0.00480–0.00493 resistance zone. 2. A bearish candle forms on the 15-minute chart. 3. Price breaks below a nearby support level before entry.
Risk Management:
- Risk only 1% of trading capital per trade. - Avoid high leverage. - Do not enter if price breaks above 0.00493 with strong momentum.
⚠️ Note: This is a conditional setup based on the screenshot, not a confirmed live signal. Wait for confirmation before selling. $DOOD #DOODtoken