$DOOD is flashing early signs of exhaustion following an aggressive parabolic run-up, providing a clean setup to step into a short position.
Entry: 0.002150 – 0.002250
TPs: 0.001950 | 0.001720 | 0.001550
SL: Above 0.002480
Why Short?
The token is facing aggressive profit-taking after tagging an intraday peak at the 0.002352 resistance ceiling, currently changing hands at 0.002192.
On the 15-minute time frame, the price action is rolling over as buyer volume starts to dry up following an explosive vertical climb from the 0.001317 base.
The MACD indicator is beginning to flatten out its upward trajectory, while the RSI rests high at 71.8, highlighting an overbought condition that favors a sharp correction back toward lower demand zones.
Entry: 0.002150 – 0.002250
TPs: 0.001950 | 0.001720 | 0.001550
SL: Above 0.002480
Why Short?
The token is facing aggressive profit-taking after tagging an intraday peak at the 0.002352 resistance ceiling, currently changing hands at 0.002192.
On the 15-minute time frame, the price action is rolling over as buyer volume starts to dry up following an explosive vertical climb from the 0.001317 base.
The MACD indicator is beginning to flatten out its upward trajectory, while the RSI rests high at 71.8, highlighting an overbought condition that favors a sharp correction back toward lower demand zones.