$DODO showing strong momentum after breakout. but struggls nearing resistance.
Trading Plan (Short Bias)
Entry: 0.0285 – 0.0295
SL: 0.0315
TP1: 0.0260
TP2: 0.0240
TP3: 0.0220
After a strong impulsive move from the lows, $DODO has rallied hard (+45%+) and is now trading near a local resistance zone (~0.029–0.030).
We can see:
Strong bullish breakout 📈
Followed by choppy consolidation near highs
Multiple small rejection wicks → selling pressure building
This kind of structure often leads to a short-term pullback before continuation.
If price fails to break above 0.030 cleanly, we can expect a correction toward lower support zones.
$DODO
Trading Plan (Short Bias)
Entry: 0.0285 – 0.0295
SL: 0.0315
TP1: 0.0260
TP2: 0.0240
TP3: 0.0220
After a strong impulsive move from the lows, $DODO has rallied hard (+45%+) and is now trading near a local resistance zone (~0.029–0.030).
We can see:
Strong bullish breakout 📈
Followed by choppy consolidation near highs
Multiple small rejection wicks → selling pressure building
This kind of structure often leads to a short-term pullback before continuation.
If price fails to break above 0.030 cleanly, we can expect a correction toward lower support zones.
$DODO