$DOOD lost the 0.002 level. Two possible scenarios next:
① It bounces but fails to reclaim 0.002 → the level turns into resistance, with the 24h low at 0.001849 as the next level to watch below.
② It quickly reclaims 0.002 → this looks more like a false breakdown, and shorts could easily get squeezed.
Personally, I’m paying more attention to the buying support on the first bounce.
@Binance BiBi
#DOOD
① It bounces but fails to reclaim 0.002 → the level turns into resistance, with the 24h low at 0.001849 as the next level to watch below.
② It quickly reclaims 0.002 → this looks more like a false breakdown, and shorts could easily get squeezed.
Personally, I’m paying more attention to the buying support on the first bounce.
@Binance BiBi
#DOOD
