#dodo Bearish 📉
Entry: 0.01730–0.01760 (after a bearish rejection on a pullback)
Stop Loss: 0.01810
Take Profit 1: 0.01640
Take Profit 2: 0.01580
Take Profit 3: 0.01520
Risk-to-Reward: Approximately 1:2.5 to 1:3
Confirmation Required:
Bearish rejection candle at resistance.
Volume increases on the downside.
Oscillator remains below the zero line, confirming bearish momentum.
Invalidation:
If price closes strongly above 0.01810, avoid the short setup as bearish momentum may weaken.
DODOXUSDT: Bears Remain in Control
DODOXUSDT continues to trade under strong selling pressure on the 30-minute chart. The price has formed a series of lower highs and lower lows, confirming a clear downtrend. Instead of entering after a sharp drop, experienced traders may wait for a relief rally into resistance before looking for short opportunities.
A rejection around 0.01730–0.01760 could provide a high-probability entry, with downside targets near 0.01640, 0.01580, and 0.01520. As always, proper risk management and stop-loss discipline are essential because cryptocurrency markets can reverse quickly.